WDP strengthens logistics cluster in Belgium along the E19 Antwerp – Brussels corridor

WDP further expands its presence in the logistics hotspot along the E19 in Mechelen, between Antwerp and Brussels, Belgium. The add-on acquisition comprises a total surface area of approximately 25,000 m², with a lettable area of over 12,000 m² and around 4,000 m² of additional outdoor storage. The site, prominently located with high visibility, is adjacent to two existing WDP warehouses within the same industrial zone, strengthening the WDP cluster to approximately 80,000 m². 

The total property value of the site amounts to around 11 million euros and was realised through a contribution in kind. The NOI yield at market rent amounts to at least 7%. Advanced discussions regarding the leasing of this location are ongoing. 

With this investment, WDP strengthens its position in a region characterised by limited land availability and offers future redevelopment potential. This allows WDP to optimally meet customer needs and continue its sustainable growth.