WDP buys 100,000 sq m Antwerp port landbank for EUR 23.5 million
Reuters2026/09/02 06:16- WDP acquired a 100,000 sq m freehold landbank in the Port of Antwerp-Bruges for EUR 23.5 million via a contribution in kind.
- Site includes 40 MVA of firm “zero-flex” grid capacity, improving development optionality in a market constrained by land and power.
- Plan targets a roughly 55,000 sq m logistics campus, with about EUR 35 million of development capex from 2028 onward.
- Total investment expected to reach about EUR 60 million, targeting an 8.5% NOI yield.
- Deal issued 1,111,141 new shares at EUR 21.19, adding about EUR 23.5 million to equity.
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