WDP has €116 million worth ongoing projects in Romania

29
Jan
2021
News - WDP has €116 million worth ongoing projects in Romania #investment #Romania #warehouse #WDP

by Property Forum | Industrial

Belgian company WDP, which is developing logistics and industrial spaces, has €116 million worth ongoing projects locally, according to data from the 2020 financial report. Last year, WDP finalised 223,000 sqm of logistics after an investment of €134 million.


WDP has under construction new warehouses with an area of ​​188,000 sqm all over the country. The company will deliver this year a warehouse of 22,000 sqm for the retailer LPP, and one of 10,000 sqm for Decathlon, both in the logistics park from Ștefăneștii de Jos. Two warehouses of 58,000 sqm in Craiova and another of 12,000 sqm in Roman will also be delivered for Profi retailer. Another 11,000 sqm warehouse for Rosti in Paulesti is scheduled for delivery this year.

€10 million are allocated for new projects: one of 2,200 sqm at Cluj for FedEx and one of 15,600 sqm near Bucharest for Eobuwie.

Locally, the company has a portfolio of over 1 million sqm of logistics and industrial space, valued at €742 million and has a market share of 21%. 




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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