In the context of the envisaged development of a multi-tenant distribution centre in the port of Ghent, WDP signed the final agreements on 27 November 2020 for the creation of a joint venture partnership between WDP and the shareholders of the retailers X²O Badkamers, Overstock Home and Overstock Garden. The multimodal logistics park ‘WDPort of Ghent’ at North Sea Port will be leased out on a long-term basis to these retailers (see press release). The investment budget for this project amounts to approximately EUR 80 million.
A Eubelius team led by Filip Jenné, Eva Milants and Jozefien Laga assisted WDP in the structuring, negotiation and execution of this project.
