WDP to develop 54,000 sqm distribution centre at Bucharest – Ștefănești Park

WDP will launch the development of a 54,000 sqm sustainable distribution centre at WDP Park Bucharest – Ștefănești, Romania. The facility, which is being built for an existing client, is scheduled for completion by the end of 2026 and will be leased on a long-term triple-net contract with a minimum term of 15 years. The project reflects WDP’s ongoing partnership with an international retail operator and forms part of its broader strategy to utilise existing land reserves for scalable logistics developments.

The project, located on a 15-hectare site, includes the potential to expand the gross lettable area by an additional 20,000 sqm. The warehouse will be designed to meet high environmental standards, with the goal of securing BREEAM Outstanding certification. Planned features include photovoltaic panels and other energy-efficient technologies.

The investment budget is approximately €40 million, with projected returns aligned with WDP’s target thresholds for new developments in Romania. WDP Park Bucharest – Ștefănești already includes over 400,000 sqm of developed space and is positioned with direct access to Bucharest’s ring roads and key transport routes serving the wider region.

WDP continues to expand its portfolio of pre-let projects as part of a long-term approach to earnings growth. Since the beginning of the year, the company has added 150,000 sqm of new pre-let developments across its land reserves, reinforcing its focus on consistent portfolio renewal and strategic growth.