Belgian real estate developer WDP, backed by one of Belgium’s wealthiest families, is set to sell a logistics property in Romania. The sale is to the end-user of the building, not another investor, and is valued at several tens of millions of euros. Profit.ro first reported the impending transaction. WDP has confirmed it will be divesting two logistics properties, though specific details regarding the size and location were not immediately available. This move signals a shift in WDP’s portfolio strategy within the Romanian market. The transaction indicates continued demand for logistics facilities in Romania, driven by end-users seeking to secure their supply chain operations. Further details of the deal are expected to be released as the sale progresses.
