WDP acquires Menen logistics redevelopment site via EUR 6.4 million contribution in kind

Reuters2026/08/05 06:06

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WDP acquired a logistics redevelopment site in Menen, Belgium, via a EUR 6.4 million contribution in kind.
Asset includes two warehouses on a 23,200 sq m plot near the E17 motorway, targeting leasing, refurbishment, redevelopment.
Plan upgrades about 10,000 sq m of existing space, redevelops about 5,000 sq m in phases.
Transaction issued 294,117 new shares at EUR 21.93, implying a 1% discount to the two-day VWAP.
NOI yield at market rent expected at least 7%; leasing talks ongoing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WDP - Warehouses De Pauw Comm. VA published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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WDP acquires Menen logistics redevelopment site via EUR 6.4 million contribution in kind

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