The three acquired entities own an asset portfolio including three warehouse projects of 136,374 square meters and a land plot in Constanta with a total gross potential leasable area of over 300,000 square meters, for development in the near future.
The deal was signed in June and sealed in July 2024, having an estimated value of EUR110 million.
“Romania’s logistic real estate sector offers plenty of growth opportunities for local and foreign investors, reflected by the remarkable growth reported by the top players in the field in recent years and the recent intense activity in the mergers & acquisitions area,” says Radu Dumitrescu, Partner-in-Charge of the Financial Advisory practice.
In Romania, WDP operates logistic parks with a total gross leasable area of around 2 million square meters.
(English version by Catalina Apostoiu)