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Management Report
4. Additional potential
WDP also has several projects in the pipeline for which the required permits have been applied for; construction can therefore commence as soon as the economic conditions warrant this and/or the site in question will be pre-let.
Belgium
- Nivelles – rue Buisson aux Loups: a site with a surface area of 51.000 m², which WDP will in due course demolish and redevelop.
- Sint-Niklaas – Europark Zuid II: a project with a surface area of 28.000 m² on a site of 5 ha that benefits from a prime location next to the E17 motorway.
- Trilogiport: WDP has the concession under which 50.000 m² can be developed from 2011.
France
- Lille (Libercourt) – Zone Industrielle – Le Parc à Stock (phase II): the construction of 24.000 m² of additional storage spaces, bringing the total surface area for the project to 60.000 m² (see also ‘3. Projects in progress’ on page 59).
Romania
Between the autumn of 2008 and the end of June 2009 WDP successively obtained the required PUZ permits (‘zonal urbanisation plan’) for the various sites in Romania. WDP has decided not to commence any projects on a risk basis here for the time being and to focus on the construction of pre-let buildings. At present, consultations are ongoing with potential lessees to establish whether projects on order can be commenced in the course of 2010. This will be done through WDP Development RO, in a 51-49 joint venture with entrepreneur and Romania specialist Jeroen Biermans.
Czech Republic
- Mladá Boleslav – Nepřevázka: a final building of 10.000 m² can be constructed on this site. A building permit has been obtained.
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