Milestones

Milestones

2020

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).

2019
  • 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.
2018
  • 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.
2017
  • 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.
2016
  • 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.
2015
  • 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.
2014
  • 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.
2013
  • 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.
2012
  • 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.
2011
  • 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.
2010
  • 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.
2009
  • Acquisition through payment in shares of DHL premises in Meer, Willebroek and Mechelen.
  • Successful capital increase
2008
  • 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.
2007
  • Acquisition of the shares of Royvelden NV.
  • Acquisition of Univeg’s property portfolio.
  • Formation of WDP Development RO.
2002 - 2006

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
1999
  • 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.
1977-1998 and earlier
  • 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.