WDP

Company Description

WDP (Warehouses De Pauw) develops and manages logistics warehouses across Europe, providing the physical infrastructure that makes e-commerce and modern supply chains work. When you order something online, there's a good chance it was stored in or shipped through a WDP warehouse before reaching you. The company owns over 8 million square meters of logistics space across more than 350 sites. WDP operates as a real estate investment trust (REIT), owning warehouses and leasing them to retailers, e-commerce companies, and logistics providers on long-term contracts. The company focuses on prime locations near major transport hubs, ports, and population centers. What makes WDP different is its commitment to sustainability—the company has installed over 650,000 solar panels on its warehouse roofs, generating 255 megawatts of power and targeting carbon-neutral operations by 2030. Founded in Belgium in 1977 by the De Pauw family, WDP capitalized on rising demand for logistics space as European economic integration expanded. The company has grown from a local Belgian developer into a pan-European leader with operations in Belgium, the Netherlands, Luxembourg, France, Germany, and Romania, where it manages a substantial €1.5 billion portfolio. Headquartered in Merchtem, Belgium, and dual-listed on Euronext Brussels (BEL 20) and Amsterdam (AEX), WDP has built a portfolio valued at over €8.5 billion with occupancy rates near 98-99%. Under CEO Joost Uwents, the company's #BLEND2027 strategic plan aims to grow the platform to over €10 billion in value. WDP generates stable, long-term rental income while continuously developing new sustainable logistics facilities.