Expanding your logistics horizon in France

 

WDP, a leading name in logistics real estate, has significantly strengthened its presence in the French market, presenting ideal opportunities for businesses seeking modern and efficient distribution hubs. A cornerstone of this expansion is the recent €41 million sale-and-leaseback transaction involving a newly built, fully occupied 50,000 m² distribution centre in Loudéac, Brittany.

 

This Class A warehouse, featuring 3,500 m² of outdoor storage, is BREEAM Excellent certified and equipped with solar panels, highlighting a commitment to sustainability and operational efficiency. Leased under a triple-net agreement through at least 2030, this facility offers long-term stability and a net operating income (NOI) yield of 6.3%.

 

Strategic location: the Arc Atlantique advantage

 

The Loudéac facility's location on the emerging Arc Atlantique logistics corridor provides businesses with strong visibility and robust infrastructure, perfectly positioned for servicing western France. Currently serving as a regional hub for Leroy Merlin and Weldom, the site supports 140 stores and e-commerce fulfillment, showcasing its capability to handle diverse and high-volume logistics operations. For businesses, this translates into streamlined distribution and enhanced market access.

 

A partner for scalable, cross-border solutions

 

WDP's approach extends beyond simply providing space; they focus on building enduring partnerships. As François Le Levier, country manager WDP France, noted, their relationship with ID Logistics—an existing client operating from WDP distribution centres across four different countries—exemplifies their capacity to create scalable, cross-border solutions that optimize clients’ supply chains. This philosophy underscores WDP's strategy of fostering long-term relationships and supporting international growth through a unified platform, offering a reliable partner for your global expansion.

 

WDP's commitment to growth in France

 

Since launching its #BLEND2027 growth plan in 2024, WDP has made remarkable progress in France, expanding its portfolio from €165 million to approximately €750 million. The Loudéac acquisition marks WDP's initial venture into the Arc Atlantique corridor, solidifying its strategic position in the French market. This rapid expansion demonstrates WDP's dedication to growing its footprint and offering more prime logistics and industrial spaces across the country.

 

Future opportunities: innovation in industrial property

 

Beyond traditional logistics, WDP is also innovating in industrial property development. A notable project involves the transformation of the former AstraZeneca production site in Reims, a 74,000 m² brownfield property, into a cutting-edge technology campus through strategic renovations. This foresight into future industrial needs is exemplified by potential tenant Latitude, an aerospace startup planning a €50 million investment by 2030 to establish its production facility there, contributing significantly to Europe's reindustrialization. This initiative signals WDP's diverse portfolio and future potential for businesses seeking specialized industrial and technological spaces.

 

Source: cremediaeurope.com