WDP targets to increase its portfolio by 50% to EUR1.8 billion in the next three years, the company said.
Warehouses DePauw owns a logistic park in Pitesti, southern Romania, and plots of land totaling some 861,000 square meters countrywide, where it plans to build retail parks.
WDP’s assets in Romania were valued at EUR25 million (2% of the company’s portfolio) at the end of 2012.
WDP is present in Romania since 2007, when it opened WDP Development, in partnership with Jeroen Biermans. It is listed on Euronext.