WDP/€WDP

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About WDP

Warehouses De Pauw (WDP) is a real estate investment trust (REIT) specializing in the acquisition, development, and leasing of logistics and semi-industrial properties across Europe. Established in 1977, the company offers a portfolio that includes warehouses, distribution centers, and industrial facilities, primarily located in Belgium and the Netherlands, with additional operations in France, the Czech Republic, and Romania. WDP's strategic focus on properties near major transportation hubs enhances its appeal to logistics and distribution clients. The company's headquarters are situated in Meise, Belgium.

Ticker

€WDP

Primary listing

BSE

Employees

128
Headquarters
Website

WDP Metrics

BasicAdvanced
€5.4B
14.02
€1.65
0.83
€0.84
3.64%

What the Analysts think about WDP

Majority rating from 16 analysts.
Hold

Bulls say / Bears say

Segro reported record rent hikes averaging 43% on lease renewals in its UK warehouse portfolio in 2024, underscoring strong pricing power in the European logistics sector that bodes well for WDP’s rent-reversion potential (Bloomberg)
Germany’s online retail sales are forecast to grow 4% in 2025 to €92.4 billion, driving sustained demand for logistics and distribution space in WDP’s core markets of Belgium and the Netherlands (Reuters)
Goldman Sachs’ alternative arm acquired a €300 million portfolio of warehouses, which were 92% leased to 68 tenants, illustrating robust occupancy rates and investor appetite for high-quality logistics real estate—traits shared by WDP’s portfolio (Bloomberg)
Europe’s commercial real estate market remained sluggish in mid-2025, with Q1 sales stagnant at €47.8 billion and cross-border investments down 20% year-on-year, marking the weakest April-June period in a decade, suggesting limited transaction activity and valuation support for WDP’s portfolio (Reuters)
The European Central Bank kept its key policy rate at 2% in September 2025, maintaining elevated borrowing costs for heavily leveraged REITs like WDP and weighing on its interest coverage and acquisition yield spreads (Reuters)
Italy’s main business lobby cut its 2025 GDP growth forecast to just 0.5% due to U.S. tariffs and geopolitical tensions, highlighting a weak macroeconomic backdrop that could dampen leasing demand and rent growth in WDP’s core markets (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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