“The property is expected to be available in the second quarter of 2023. From that point, Erkut will enter into a lease agreement that will run for seven years,” WDP’s latest report said.
Another WDP investment in Romania is the construction of a new warehouse in Timisoara, with an area of 33,000 square meters, which will be used for both storage and production by a technology company. The investment in this project amounts to EUR32 million.
WDP also wants to expand an existing project in Slatina by more than 48,000 square meters with an investment of EUR36 million by the third quarter of the year, and in Sibiu it wants to expand the space occupied by Siemens by more than 8,700 square meters under a ten-year contract.
This development should be completed in the first quarter of 2024 and entails a EUR6 million investment. In total, the Belgian group’s planned investments for Romania at the beginning of 2023 amount to EUR78.5 million.
(English version by Loredana Fratila-Cristescu)