WDP deploys land reserve for large-scale pre-let development of 54,000 m²

The investment budget amounts to approximately 40 million euros. The projected return meets WDP’s target hurdle rate for new developments in Romania. Following completion at the end of 2026, the new development will be leased under a long-term, fixed triple-net lease agreement with a minimum of 15 years.

"This greenfield development demonstrates WDP’s ability to leverage its land bank, sector expertise and commercial strength. By tailoring cross-border solutions, WDP deepens both client relationships and retention. Despite global uncertainty, resilient and growing consumer demand continues to shape the Romanian economic landscape. In this context, WDP remains well-positioned to support the supply chain of leading retailers – growing alongside long-standing partners, and deepening partnerships built over more than a decade", said Jeroen Biermans – Country Manager WDP Romania.

Strategically located and sustainably designed

The new 54,000 m² distribution centre will be located on a approx. 15 ha plot at WDP Park Bucharest - Ștefănești. In addition, the site offers over 20,000 m² of potential GLA expansion.

The warehouse, with construction scheduled to start in early 2026, will meet the highest sustainability standards and will be equipped with features such as photovoltaic panels, aiming for a BREEAM Outstanding certification. The WDP Park Bucharest - Ștefănești – counting over 400,000 m² of GLA – has a prime location with optimal connectivity to the Romanian capital, the ring roads and the main local markets.

Continuous replenishment of pre-let development pipeline

By continuously adding new pre-let projects to its development pipeline, WDP maintains strong momentum toward delivering consistent, long-term earnings growth per share. Year-to-date, 150,000 m² of new pre-let projects have been added to its development pipeline on own land reserves, allowing WDP to actively deploy and crystalise value from its existing land bank – while replenishing the pipeline to secure future growth.

This greenfield development demonstrates WDP’s ability to leverage its land bank, sector expertise and commercial strength. By tailoring cross-border solutions, WDP deepens both client relationships and retention. Despite global uncertainty, resilient and growing consumer demand continues to shape the Romanian economic landscape. In this context, WDP remains well-positioned to support the supply chain of leading retailers – growing alongside long-standing partners, and deepening partnerships built over more than a decade.

WDP develops and invests in logistics real estate (warehouses and offices). WDP’s property portfolio comprises more than 8 million m². This international portfolio of semi-industrial and logistics buildings is spread over more than 350 sites at prime logistics locations for storage and distribution in Belgium, the Netherlands, France, Luxembourg, Germany and Romania.