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WDP has expanded its project pipeline through the acquisition of two plots of land in France: one located at Paris Charles de Gaulle Airport and the other north of Toulouse. The total investment for these plots amounts to 67 million euros and encompasses an area of approximately 132,000 m², which is intended for future leasing, as the company reports.
With these investments, WDP aims to achieve above-average profit growth while simultaneously pursuing an below-average risk profile. The company focuses on immediately developable plots in logistics markets where supply is limited. This strategy is intended to further enhance WDP’s logistics presence.
Appointment of a new investment manager
In addition to the land acquisitions, WDP has appointed Robert Woerdeman as Group European Investment Manager. This decision is intended to strengthen the company’s European investment capabilities. The investment sum of 67 million euros is divided into 17 million euros planned for the second half of 2026 and 50 million euros earmarked for 2028. WDP plans to gradually develop the new plots with additional development investments of around 105 million euros. In total, the company plans to invest approximately 172 million euros in the two projects.
