WDP delivers strong total returns on €60 million of disposals
WDP delivers strong total returns on €60 million of disposals
WDP will dispose of two sites totaling around 61,000 m² of lettable area to end-users for approximately 60 million euros. The assets are located in the Netherlands (Duiven) and Romania. The Duiven asset was sold in May 2026 to facilitate the expansion of FedEx’s adjacent European road hub, while the latter is scheduled to close in Q3 2026, subject to customary conditions. Both sites will be integrated into the operations of the respective buyers, who will operate the sites in support of their growing activities in the region.
Together, the total proceeds amount to approximately 60 million euros, generating strong value creation, with an average unlevered IRR of over 20% and a sale price of 30% above the latest fair value. These disposals underscore WDP’s ability to rotate capital at attractive total returns, resulting from active portfolio management. With the value creation now fully built up and limited further portfolio management potential, the disposals mark the completion of the asset’ lifecycle.
Including the 35 million euros disposal in Liège (Belgium) at the end of 2025[1], total proceeds available for recycling amount to close to 100 million euros. These proceeds will be redeployed into development and investment opportunities at attractive risk-adjusted returns, supporting the further build-out of the WDP’s European platform while preserving its focus on EPS-accretive growth.
[1] See the press release of 06 January 2026.
These transactions demonstrate our ability to create and crystallise value through active portfolio management. Going forward, our scale enables WDP to selectively recycle capital into new opportunities at attractive risk-adjusted returns, supporting our focus on above-average earnings per share growth while maintaining our disciplined, below-average risk profile.