WDP NV/SA, a leading developer and investor in logistics properties, has announced a significant acquisition in Romania, marking a major milestone in the company’s expansion strategy in Central and Eastern Europe. The company has acquired a portfolio comprising 136,374 m² of leasable area in standing assets, alongside a substantial plot for future development. This transaction, valued at approximately 110 million euros, enhances WDP’s footprint in Romania’s strategic logistics hubs, including Greater Bucharest, Constanta, and Targu Mures.

Key Highlights of the Acquisition:

• Portfolio Composition: The acquisition includes three Class A warehouse and light industrial projects. These assets, leased to high-caliber tenants, are located in the crucial regions of Greater Bucharest, Constanta, and Targu Mures.
• Strategic Locations:
  • Greater Bucharest: The portfolio includes a 76,994 m² property in Chitila, augmenting WDP’s presence near Dragomiresti.
  • Constanta: WDP is acquiring 41,117 m² of existing properties in the Constanta Business Park, with an additional 300,000 m² of development potential. This area is a pivotal Black Sea port and strategic hub, essential for global trade.
  • Targu Mures: An 18,263 m² asset in Targu Mures strengthens WDP’s presence in the heart of Transylvania, a region growing in importance due to its expanding motorway network.
• Future Development Potential: The portfolio’s development plot in Constanta, adjacent to the main port, offers significant potential, with a building permit already secured and commercial negotiations underway. This development will commence once a pre-lease agreement is finalized.
• Strategic Importance: This acquisition allows WDP to expand its gross leasable area in Romania to approximately 2.0 million m², securing over 25% market share. The landbank in Constanta is particularly strategic, positioning WDP for long-term growth amid anticipated infrastructure investments in the region, including major enhancements to port terminals, logistics capabilities, and transportation networks.

Jeroen Biermans, Country Manager WDP Romania, commented on the acquisition, stating, “This transaction is a clear strategic add-on to WDP’s existing Romanian portfolio. With a growing footprint and significant development potential, we are well-positioned to capitalize on Romania’s infrastructure investments, reinforcing our role in global trade route diversification and Black Sea access.”

Sorin Preda, Founder of Global Vision, also expressed satisfaction with the partnership, highlighting shared values and a mutual commitment to advancing Romania’s logistics and industrial infrastructure.

This acquisition underscores WDP’s strategic commitment to expanding its presence in key logistics markets across Europe, with Romania playing a central role in its long-term growth strategy. As WDP continues to invest in and develop top-tier logistics properties, it remains dedicated to supporting the evolution of global trade networks and enhancing the infrastructure that underpins them.