WDP portfolio in Romania valued at EUR 1.6 billion in 2025

In 2025, WDP reported EPRA earnings per share of EUR 1.53, up +2% on the previous year reported, as well as a high occupancy rate of 97.7%, supported by robust leasing activity and a growing portfolio of pre-leased projects. WDP has published its financial results for 2025, confirming the company’s solid performance and the effectiveness of its #BLEND2027 strategy.   “In 2025, WDP once again demonstrated that its multi-driver model works, with clear results in terms of both rental activity and steady growth in earnings per share. We have focused on execution and delivering on our 2027 targets, maintaining our commitment to the #BLEND2027 strategy. Looking ahead to 2026, we see an improvement in rental dynamics and anticipate a gradual cyclical recovery, supported by solid structural trends. Supported by a strong financial position and high self-financing capacity, we are expanding our ambitions through the #BLEND&EXTEND2030 strategy, with a clear objective: above-average growth with below-average risk,” said Joost Uwents, CEO at WDP.   #BLEND: solid performance today, with a clear vision for the future:   • Solid financial performance and sustained growth: In 2025, WDP recorded EPRA earnings per share of EUR 1.53, up +2% compared to the previous year reported. The result confirms the effectiveness of the company’s multi-driver model, based on pre-leased developments, strategically selected acquisitions, and organic growth, supported by a consistently high operating margin and competitive financing costs. The target dividend for 2025 is confirmed at EUR 1.23 per share. • Solid demand and high occupancy rate: over 550,000 m² of new lease agreements signed in 2025, both in the existing portfolio and in projects under development. At December 31, 2025, the occupancy rate remains high at 97.7%, and the share of pre-leased projects under development has increased significantly, exceeding 80% (compared to 60% at the end of 2024). These results confirm the stability of the WDP commercial platform, supported by its customer-oriented approach and a diversified, high-quality portfolio. • Stable portfolio and strong financial position: In 2025, WDP recorded a moderate positive revaluation of its portfolio of EUR 71.1 million (+0.8%), based on a stable EPRA Net Initial Yield of 5.4%. The net yield is 6.1% based on full occupancy at market rates. The profitability potential across the entire portfolio amounts to approximately +9%. At the same time, the company’s financial position has strengthened, with equity increasing by EUR 279 million during the year. At the same time, Moody’s rating upgrade to A3 and the debut on the public bond market, through a EUR 500 million issue carried out under exceptionally attractive conditions (spread of 80 bps), confirm the top quality of WDP’s credit profile, robust financial strength, capacity for action, and access to the capital market to execute the next phase of growth. • #BLEND2027 and #BLEND&EXTEND2030 – clear growth directions: The #BLEND2027 strategy remains on track, with 750,000 m² of fully pre-leased projects and acquisitions delivered and a portfolio of investments under execution worth EUR 708 million.   Looking ahead, WDP is launching the #BLEND&EXTEND2030 strategy, which aims to develop an integrated European platform of over EUR 10 billion, with clear objectives by 2030: EPRA earnings per share: minimum EUR 2.00 (+6% annually); Dividend per share: minimum EUR 1.60 (+6% annually); Cumulative total return: minimum 50%, equivalent to an annual return of over 10%. • Outlook for 2026: For 2026, WDP estimates EPRA earnings per share of EUR 1.60, up +5%, as well as a synchronized dividend increase to EUR 1.29 per share, payable in 2027.   Key points for Romania: • Consolidated strategic position: WDP maintains its position as a major player in the local market, with a portfolio valued at approximately EUR 1.6 billion and a total leasable area of over 2 million m² in Romania, distributed across more than 80 strategic locations in major urban and industrial centers. Through this presence, the company covers all key regions of the country and has an estimated market share of approximately 25% in the modern logistics space segment. • Significant pre-leased developments: In 2025, WDP launched several new pre-leased development projects, totaling approximately 150,000 m² of modern logistics space, developed on its own land reserves and intended for both existing and new customers active in key sectors. WDP develops and invests in logistics real estate (warehouses and offices). WDP’s real estate portfolio totals nearly 8 million square meters. This international portfolio of light industrial and logistics buildings is spread across approximately 300 locations in prime logistics centers for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany, and Romania. WDP Romania has a strong presence on the local market, with a portfolio of over 2 million m². The company’s industrial parks are located throughout the country, in all major urban areas – Bucharest, Timisoara, Pitesti, Arad, Cluj, Brasov, Sibiu, Braila, Deva, Constanta, Ramnicu Valcea, and Ploiesti. WDP Romania is the market leader in the development of built-to-suit facilities and in providing customized solutions for companies in various fields, such as manufacturing, retail, pharmaceuticals, and logistics.