Eubelius assists WDP with sale and lease back of multipurpose warehouse site in Waregem by contribution in kind

News
10 September 2024

Warehouses De Pauw (WDP) announced on 4 September 2024 the sale and leaseback of a multipurpose warehouse site from Balta Industries. This site is located in Waregem, with a total lettable area of approximately 70,000 m². The acquisition took place through a contribution in kind in return for shares, for a total investment of around EUR 40 million.

More information on the transaction is available in the press release from WDP.

Eubelius is pleased to have assisted WDP in this transaction. Filip Jenné and Eva Milants led the team involved, which included among others Camille Van der Perre.