WDP and ARGAN merge to form €13bn logistics champion
The friendly all-share transaction will combine their portfolios and operations, creating a leading European logistics platform.
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Logistics real estate specialist
wdp.euLast updated
In short: WDP announced a strategic merger with ARGAN to create a €13 billion logistics platform while reporting steady profit growth for H1 2026.
The friendly all-share transaction will combine their portfolios and operations, creating a leading European logistics platform.
Includes a pre-let redevelopment for Kuehne+Nagel and a brownfield landbank acquisition near Rotterdam-Antwerp, with total future investment around €110 million and a 7% NOI yield.
It acquired two properties in Vendargues and Alzonne, totaling 50,300 m², with a 7% NOI yield and seven-year leases.
The 80,000 m² warehouse scored 60.76% for a Very Good rating, featuring residual heat reuse and on-site recycling.
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