Milestones
A robust balance sheet, strong liquidity, and a diversified portfolio support WDP during the Covid-19 pandemic. After two-thirds of the targeted investment volume being identified, WDP is sharpening its ambitions in the 2019-23 growth plan both in terms of investment volume (+500 million euros towards 2 billion euros) and EPRA earnings per share (from a minimum of 1.15 euro per share in 2023 to a minimum of 1.25 euro per share in 2024).
- Strategic 2019-23 growth plan: Target annual portfolio growth of 10% to 5 billion euros and an annual increase in EPRA earnings of 6% to 1.15 euros by 2023.
- WDP is included in BEL 20.
- Regional expansion to Germany.
- First ABB for a GVV/SIR.
- Legal form converted to NV/SA.
- Implementation of 2019-23 ESG Roadmap.
- Share split by factor 7.
- Issue of first green bond and further rollout of the solar panel programme.
- Realisation of clusters: logistics parks in Zellik (BE), Breda (NL) and Bucharest – Dragomeresti (RO).
- Approx. 240 million euros in new investments in Romania and a new EIB financing package of 150 million euros to support further expansion in this growth market.
- Reinforcement of shareholders’ equity with 170 million euros (by way of reserved earnings, optional dividend and contributions in kind).
- Targets under the 2016-20 growth plan within reach. Announcement of new five-year growth plan for 2019-23: planned annual portfolio growth of 10% to 5 billion euros and annual increase in EPRA Earnings by 6% to 8.00 euros by 2023.
- WDP named 2017 Entrepreneur of the Year®.
- Successful launch in Luxembourg: acquisition and first project.
- Strategic purchase of land in the Netherlands. Increase of participation to 80% in WDP Romania.
- Investment volume target for 2016-20 growth plan increased to 1.25 billion euros due to further growth in existing geographic core markets.
- New 2016-20 growth plan: target portfolio growth by 1 billion to 3 billion euros and a cumulative increase of 25% in earnings per share. WDP included in AMX Index on Euronext Amsterdam.
- Luxembourg as a new core market and reinforcement of the Benelux position. First development at Liège-Trilogiport.
- Successful innovative capital increase.
- Value of property portfolio passes the milestone of 2 billion euros.
- Contribution in kind of the FMCG campus in Bornem.
- WDP and The Greenery conclude a long-term partnership.
- Launch of a 30 MWp solar park project in the Dutch property portfolio.
- Private bond placement.
- Accelerated investment pace through several new acquisitions and projects in the core markets.
- Doubling of portfolio in Romania to a total of approx. 100,000 m2 of lettable space.
- Kick- off WDPort of Ghent.
- Dual listing: WDP shares now listed on Euronext Amsterdam.
- WDP achieves its 2013-16 growth targets one year earlier than planned, with a portfolio valued at around 2 billion euros1 and a net current result per share of 5.00 euros.
- Implementation of a new growth plan for 2016-20 with the ambitious target of growing the portfolio by 1 billion euros to 3 billion euros and a cumulative 25% increase in profit per share.
- Change in company status to Regulated Real Estate Company (GVV/SIR).
- Further internal professionalisation in response to the growth of the company.
- Acceleration in the rhythm of investment with various new strategic acquisitions.
- Issue of a retail bond.
- (Indirect) contribution in kind of the Tiel site in the Netherlands.
- Upgrade of the ambitions in the strategic growth plan for 2013-16.
- Strategic plan for 2013-16: ambition to grow the portfolio by 50% to to 1.8 billion euros over four years and achieve a cumulative growth in net current result per share of 20-25% to 4.40-4.60 euros per share.
- First bond issue.
- Innovative optimisation in Londerzeel for four clients.
- Logistics of tomorrow: multimodal locations in Vilvoorde, Port of Ghent and Meerhout.
- Diversification of the portfolio: two sites in Geel on the Antwerp-Limburg logistics axis.
- Completion of two solar farms in Romania.
- Strategic expansion in the Netherlands with the acquisition of the Lake Side Portfolio.
- Completion of new-build project at a top location at Schiphol Airport.
- Sale of WDP CZ SRO.
- Strategic growth plan 2011-13 defining three growth markets: leases (within the existing portfolio, in ongoing projects and in projects on own land reserves), further implementation of the carbon-neutral portfolio and acquisitions.
- Acquisition of the portfolio of Wereldhave NL.
- WDP is the first vastgoedbevak/Sicafi to offer an optional dividend.
- First BREEAM certificate for logistics premises in the Netherlands.
- WDP Nederland BV becomes WDP Nederland NV and gains FBI status (Fiscale Beleggingsinstelling).
- Financing package agreed with the European Investment Bank (EIB) to enlarge the portfolio in Romania.
- Acquisition through payment in shares of DHL premises in Meer, Willebroek and Mechelen.
- Successful capital increase
- Launch of the solar energy project, which is expected to lead to a total installed power of 30 MWp and a carbon-neutral property portfolio.
- Acquisition of the shares of Royvelden NV.
- Acquisition of Univeg’s property portfolio.
- Formation of WDP Development RO.
2006
- Strategic plan for 2006-09: doubling of portfolio value to 700 million euros over four years.
- Capital increase after partial acquisition of the property of Massive NV in sale and rent back transaction.
2005
- Sale of WDP Italia SRL.
- Focus on two main regions: the Breda-Antwerp- Brussels-Lille axis and the Czech Republic.
2004
- Free float to 70% after the sale of a 20% stake of main shareholder the Jos De Pauw family.
2003
- Successful capital increase
- Name changed to Warehouses De Pauw.
- Formation of WDP Nederland BV.
- Formation of WDP France SARL.
- Formation of Warehousing & Distribution De Pauw Comm. VA.
- Company status: vastgoedbevak/sicafi.
- IPO with increase in capital to support growth.
- Formation of WDP Italia SRL and WDP CZ SRO.
- Formation of Rederij De Pauw NV to which the property assets of the Jos De Pauw family group were transferred.
- Start of development into specialised semi- industrial property company.