Symbol: WDP
Exchange: EURONEXT
Founded: 1971 (53 years)
HQ: Wolvertem, Belgium
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Industrial
WDP offers intelligent warehouse solutions with the focus on the development and letting of semi-industrial & logistics real estate. We are steadily enlarging our property portfolio by developing, acquiring and renting out warehouses to meet our client's need. Our main fields of operations are Belgium, the Netherlands, France and Romania. WDP achieves this through critical problem solving, rapid and localized decision-making and a focus on the total cost of the logistical infrastructure ownership. WDP is quoted on the Euronext stock exchange. It is a transparent company with a huge financial strength. Since 16 October 2014, WDP has acquired the status of a public Regulated Real Estate Company (openbare Gereglementeerde VastgoedVennootschap GVV/SIR). The GVV/SIR status or, referring to the English language generic notion Real Estate Investment Trust, the BE-REIT status, is available for operating real estate companies that specialise in providing real estate properties to users, and meet the statutory requirements of the GVV/SIR. Within the statutory limits, the GVV can possess other types of real estate (shares in openbare vastgoedbevaks/Sicafis (public real estate investment trusts), participation rights in specific foreign ICBs (collective investment schemes), shares issued by other REITs and real estate certificates), and perform all the activities associated with the founding, reconstruction, renovation, development (for own portfolio), acquisition, disposal, management and operation of real estate properties. A GVV/SIR aims for general commercial goals in the long term and acts, just like any other operating and commercial company, in the interests of the company and, in extension, of all its stakeholders.
REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
---|---|---|---|---|---|
Cofinimmo REIT SA (COFB) | N/A | EURONEXT | Mid-Cap | Health Care Office Industrial | Belgium |
Last updated: 2024-03-18 - v4.8