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WDP acquires Menen logistics redevelopment site via EUR 6.4 million contribution in kind
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WDP acquires Menen logistics redevelopment site via EUR 6.4 million contribution in kind
  • 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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