For decades, Vilvoorde has been a place where different forms of industry come together. The former Renault plant is one of those rare sites with a rich industrial history, while also serving as a strategic link between Flanders and Brussels.

In early 2025, WDP acquired this iconic site. Since then, we have been working on the transformation of a complex, multi-tenant property that will gradually evolve into a future-ready logistics hub, creating value for our customers, the city and the wider region.

A brief history: a landmark entering a new chapter

The Renault plant has deep roots. Renault started its first activities here in 1926. During the 1980s and 1990s, around 4,000 people worked on the site, until its closure in 1997.

Since then, the site has been continuously reconverted, attracting new activities and welcoming new businesses. In short, bringing the site back to life. Today, around twenty companies are active here and nearly 800 people work on the site.

Why the acquisition mattered for WDP?

With the acquisition in January 2025, WDP secured a strategically located, multimodal site of approximately 20 hectares on the edge of Brussels, with an investment value of EUR 100 million and a net initial yield of around 7%. In 2025, that yield was further strengthened through the lease-up of the final vacant units.

But the real value lies in the opportunity. In a region where space is scarce, sites of this scale and location are exceptional. The Renault site offers a unique opportunity to further realise our ambition of creating warehouses with brains: logistics real estate that is efficient, sustainable and ready for the supply chains of tomorrow.

A site that grew organically and became complex by nature

The site was originally built to support Renault’s operations and expanded over time. New buildings were added, volumes were stacked, and some sections were even partially built into one another. 
That is what makes the site unique, but it also explains why redevelopment is not a quick intervention. This is not a vacant plot of land. It is a place with a history, with existing operations and with a complex spatial structure.

A prime location for multimodal logistics

Accessibility is one of the site’s greatest strengths. It is located in a strong industrial environment with direct access to the E19 and close proximity to the Brussels ring road, Brussels Airport, rail connections and the Port of Brussels.

The site also stretches for nearly 1.5 kilometres and sits in a true transition zone between the Brussels-Capital Region and Flanders, more specifically Vilvoorde. That location makes Vilvoorde a logical place to organise goods flows in a smarter and more sustainable way, especially as cities and businesses rethink logistics with impact reduction in mind.

A layered project: why this takes time

The redevelopment of the Renault site is complex, and that is exactly what makes it so valuable.

We are talking about a large, multi-tenant site with a wide variety of buildings, different operational needs and a strong relationship with its surroundings. That is why WDP has chosen a phased and collaborative approach: developing and delivering plans step by step, while allowing existing customers to continue their operations.

That approach takes time. Masterplanning, technical studies, stakeholder alignment and careful phasing are essential. Our goal is to build a future-proof site without disrupting what is already working today. That can only be achieved through regular consultation with our customers, regional and local authorities, and all other stakeholders involved.

What does this mean for the city of Vilvoorde and its residents?

A project of this scale should create value beyond the boundaries of the site itself. That is why we work closely with the City of Vilvoorde, with a focus on efficient land use, strong multimodal accessibility and careful integration into the surrounding area.

The long-term value for the city and the neighbourhood is clear:

  • Economic impact: a site that already supports hundreds of jobs today and creates room for new activity
  • Smarter land use: making more efficient use of scarce land in a densely built region
  • A more sustainable future: supporting lower-impact logistics and decarbonisation ambitions
  • Stronger city logistics: providing a reliable link in the supply of goods to Brussels, Vilvoorde and the wider region

Looking ahead: logistics as a smart mix of functions

Today, logistics is far more than a grey box” with trucks moving in and out every day. In densely built regions, logistics needs to evolve into a smart combination of spatial functions. That is exactly our ambition in Vilvoorde, and it is what makes this project exceptional in Belgium and rare in Europe.

Why this ambition is unique in Europe

Many logistics developments are still designed as single-purpose zones: one type of building, one type of activity, one type of flow. The Renault site is being approached differently, as a multifunctional logistics ecosystem in a highly urbanised and exceptionally well-connected region.

What will set this project apart:

  • Logistics combined with complementary urban functions in one masterplan: alongside core logistics, we are creating room for supporting functions that are increasingly difficult to accommodate in the city, but still benefit from proximity and accessibility.
  • A deliberate two-scale approach: the site lies between Brussels and Vilvoorde, and the plan reflects that reality. On the Brussels side, the focus is on strong economic activity and core logistics. On the Vilvoorde side, we are exploring smaller-scale functions that fit the urban context.
  • A response to land scarcity around Brussels: the question is no longer where another building can be added, but how scarce space can be used more intelligently. By combining functions, we create more value per square metre.

A new model for city logistics: by clustering functions and organising them intelligently, we support more efficient and future-ready goods flows, in line with stricter regulation, sustainability targets and changing expectations.

Development at two speeds: continuity today, transformation tomorrow

The Renault site is being developed at two speeds.

On the one hand, we continue to invest in our existing customers and ensure the smooth day-to-day operation of the site. On the other hand, we are shaping a long-term vision that will gradually redefine the site step by step.

Its location between Brussels and Vilvoorde also calls for a differentiated approach:

  • Brussels side: stimulating economic activity through core logistics and future-ready WDP buildings
  • Vilvoorde side: creating space, on a smaller scale, for functions that do not fit within the city centre

One year after the acquisition: from plans to visible progress

One year on, the project has moved from acquisition to tangible on-site progress.

The masterplan is being elaborated with several parties, reflecting the complexity and long-term nature of the redevelopment. Operationally, the site is being structured into a north and south part to enable phased development.

WDP also strengthened its on-site presence by appointing Danny Van Overvelt as property manager. In the north part, new tenants have joined the site, and the last vacancy has been eliminated.

Beyond leasing, visibility and community connection matter too. A new banner was installed on the site to help attract talent, visible from public transport passing by. It is a small but meaningful sign of a site that is active today, while being prepared for tomorrow.

Looking ahead

The Renault site in Vilvoorde is a long-term project, and that is exactly the point. Transforming an iconic and complex industrial landmark into a future-ready logistics hub takes time, collaboration and thoughtful phasing.

For WDP, this is a unique opportunity to create sustainable value in a region where space is scarce. For Vilvoorde, it offers the chance to help shape a redevelopment with economic, logistics and spatial impact. And for customers, it is the promise of a strategic, multimodal location being prepared for the next generation of supply chains.

Want to learn more about the Vilvoorde site and its future plans? 
Get in touch with Alexander De Kerpel (Business Development Manager) or Ann De Sterck (Portfolio Manager).

Want to see the site and ambitions come to life?

Watch the client case video.

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