WDP Capitalises on Land Reserves for Major 54,000 sqm Pre-Let Development Project

WDP will launch the development of a new sustainable distribution centre covering approximately 54,000 sqm at WDP Park Bucharest – Ștefănești, Romania. This project, pre-let to an existing client, is targeting a BREEAM Outstanding certification and reflects WDP’s long-standing partnership with a successful international retailer.

This development leverages WDP’s land reserves to deliver scalable, future-ready solutions that support clients’ supply chains at every stage of their growth journey. The investment budget is approximately €40 million, with an expected return in line with WDP’s target threshold for new projects in Romania. Upon completion, scheduled for the end of 2026, the new centre will be leased through a long-term triple-net contract with a minimum duration of 15 years.

The 54,000 sqm distribution centre will be built on a site of approximately 15 hectares within WDP Park Bucharest – Ștefănești. The location also offers a potential GLA expansion of over 20,000 sqm. Construction is expected to start in early 2026 and will meet the highest sustainability standards, including the installation of photovoltaic panels, with the goal of achieving BREEAM Outstanding certification.

WDP Park Bucharest – Ștefănești, with more than 400,000 sqm of GLA, enjoys a prime location with excellent connectivity to Romania’s capital, the ring roads, and key regional markets.

By consistently adding pre-let projects to its development pipeline, WDP maintains strong momentum towards long-term, sustainable earnings growth per share. Since the beginning of the year, 150,000 sqm of new pre-let projects have been added to the company’s portfolio on owned land, enabling WDP to optimise its existing land reserves while renewing its portfolio to secure future growth.