Acquisition of seven logistics sites in Tournai via a capital increase – Phase 2

In mid-September 2022, WDP announced the acquisition of seven logistics sites in the Tournai West Zoning industrial zone, representing a total lettable area of approximately 100,000 m² and an overall investment of approximately 120 million euros.  This acquisition was made entirely in return for a payment in WDP shares, the first phase of which was realised on 14 September 2022 via a contribution in kind amounting to 67.5 million euros. Today, the contribution in kind of the balance of this transaction was realised – notably 52.8 million euros for the contributors, namely SEDIMMO NV/SA and SEDIS Logistics NV/SA (both part of SEDILOG NV/SA).