WDP has decided to increase investment amid rising demand inthe context of COVID-19 pandemic. Thus, from an investment plan of EUR 1.5 billion until the end of 2023, the developer plans an increased investment with a further EUR 500 million.
“The Covid-19 pandemic has highlighted the crucial importance of the logistics sector more than ever. 2020 marked a significant step in our growth plan for 2019-2023 and we will increase investment by EUR 500 mln by the end of 2023,” said Joost Uwents, CEO WDP.
Locally, the company delivered last year logistics spaces with an area of 223,600 sqm, following an investment of EUR 134 mln, and for this year has under construction warehouses with a total area of almost 188,000 sqm, which requires an investment of EUR 116 mln. With the deposits delivered last year, the developer has crossed the threshold of 1 million sqm of local warehouses.
