Strategy

Discover our growth plan for the coming years.

Deep dive into our business model and strategy

Find out how our pure player strategy and our activities allow us to create value for all our stakeholders.

Growth plan 2024 – 27

With #BLEND2027, the four-year growth plan for 2024 – 27, WDP is aiming for earnings growth driven by multiple drivers, across the breadth of our operations and geographical presence: developments, acquisitions, internal growth and energy solutions in our existing core markets and further deployment of operations in France and Germany.

This ambitious plan is fully funded thanks to a strong balance sheet and robust cash flow, and provides the foundation for sustainable value creation – for both clients and shareholders.

#BLEND2027: multi-driver growth in multiple markets

<2.5%

COST OF DEBT⁽¹⁾

<8x

Net debt / EBITDA (adj.)

<40%

Loan-to-value

1.70 euros

EPRA EPS
+ 6% CAGR⁽²⁾

1.36 euros

DPS

Based on the current interest rate curve.
Representing an underlying CAGR of +6% versus EPRA EPS of €1.50 in 2024, adjusted for one-offs of € 0.03 per share in 2024 and the impact of the abolishment of the Dutch REIT status as from 2025 of -€ 0.05 per share.

^{Assumptions and underlying hypotheses}

^{Sustained structural demand for logistics property with a gradual recovery in demand.}
^{Stable operational metrics (high occupancy rate, long lease terms and high client retention).}
^{The abolition of the Dutch REIT regime implies an annual impact on EPRA Earnings per share of € ‑0.05 of 2025.}

^{These ambitions are based on current knowledge and situation and barring unforeseen circumstances, within the context of a volatile macroeconomic and geopolitical environment.}