WDP to acquire Dutch logistics assets for EUR 42m

Belgian closed-end investment fund WDP has signed a letter of intent with Wereldhave to acquire a logistics portfolio in the Netherlands for EUR 42 mln. The acquisition, which is subject to a number of conditions, covers six logistics sites, five of which leased to DHL Express with an average of three years to first expiry option date. A sixth site in Alphen aan de Rijn is leased with a 9.5-year rental agreement to Iron Mountain.

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