Belgian WDP signs lease agreement with Auchan for 77,000 sqm of logistics space
WDP has signed an agreement for the development and lease of 77,000 sqmof logistics warehouse space at its existing site at Bucharest for retailer Auchan. The investment budget amounts to around 45 million Euro. 2018-12-12 11:15:50
This new development emphasizes WDP's strategy of creating long-term relationships and cross-border partnerships.
After a first collaboration between WDP and the French international retail group Auchan in Luxembourg, WDP will develop a new logistics warehouse site for this retailer at WDP's existing location at Bucharest - Stefanestii de Jos.
The new buildings with a surface of around 77,000 sqm will partially consist of a temperature controlled area and will be leased by Auchan for a period of seven years. Delivery of this new development is scheduled during the first quarter of 2020. The investment budget for WDP comes to around 45 million Euro
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