WDP buys out partner in Romania

Business Forum

5 February, 2025 at 9:57 AM

Industrial developer WDP says it has purchased a 15% equity stake in the company from Jeroen Biermans, Country Manager Romania at WDP.

Following the sale, Biermans will remain at the helm of the local operations and will help expand the company's growth.

"This transaction reflects another step in the internationalisation of WDP Group where WDP's operations in Romania are experiencing very strong growth in recent years," said the company in a financial report.

In Romania, WDP's portfolio covers 1.95 million sqm across 79 projects, with a combined value of €1.5 billion. The developer's land bank in Romania stands at around 8.6 million sqm.

WDP to develop €22 million distribution centre near Bucharest

WDP has launched development of a 32,000 sqm distribution centre in WDP Park Bucharest – Ștefănești for FAN Courier Group, one of Romania's leading courier and logistics operators. The €22 million investment will be realised by deploying WDP's landbank in North Bucharest, with construction beginning in early 2026 and delivery scheduled later that year.

Real estate

Metro completes 12,000 sqm warehouse near Bucharest

German retailer Metro has completed a new 12,000 sqm Food Service Delivery (FSD) warehouse in partnership with industrial developer WDP in Ștefăneștii de Jos, near Bucharest.

Real estate

WDP to develop 54,000 sqm distribution centre for Action in Bucharest

The industrial developer WDP has signed an agreement with Action, the international non-food discount chain, for the development of a new distribution centre.

Real estate

WDP to develop 54,000 sqm warehouse near Bucharest

Industrial developer WDP has announced the development of a new sustainable distribution centre, spanning approximately 54,000 sqm, for an international retailer at WDP Park București – Ștefănești.

Real estate

WDP to expand logistics project near Bucharest

WDP is investing €52 million in the expansion of its WDP Park Bucharest-Dragomirești project. 

Real estate

Romania's commercial property investments up 47% in 2024

Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners. 