Belgian logistics property investor Warehouses De Pauw (WDP) has released its half-yearly figures, showing operational profits for the first half of the year of EUR 12.5 mln, up by EUR 1.1 mln on the same period last year. Its portfolio value increased to EUR 464 mln.
Belgian logistics property investor Warehouses De Pauw (WDP) has released its half-yearly figures, showing operational profits for the first half of the year of EUR 12.5 mln, up by EUR 1.1 mln on the same period last year. Its portfolio value increased to EUR 464 mln.
With its recent purchases in Romania, the acquisition of Univeg for EUR 100 mln and a planned investment of EUR 200 mln, WDP said it is set to achieve its strategic growth plan of building a portfolio valued at EUR 760 mln by 2009. WDP CEO Tony De Pauw: 'We are not just on schedule but have also optimised the quality, geographic spread and diversity in the portfolio.'