WDP has secured €205m from IFC, the World Bank’s investment division. The funding will go toward developing 1 million sqm of energy-efficient semi-industrial and logistics facilities in Romania. This is one of the largest financing deals seen on Romania’s real estate market. “Romania is a central element of the WDP strategy. We plan to have and operate a portfolio of €1bn in this country by 2023, the equivalent of approximately 20 percent of the total portfolio of WDP assets,” said Jeroen Biermans, general manager of WDP Romania.
