WDP raises €400M ahead of Argan merger
What's the deal? Belgian logistics real estate group Warehouses De Pauw (WDP)Dealroom has a profile for this one. Try Dealroom → has raised roughly €400 million through a capital increase, tapping large investors in a post-IPO equity round announced in September 2026.
Why now? The money is meant to stop WDP's debt ratio from climbing too sharply as it approaches a merger with French logistics property firm ArganDealroom has a profile for this one. Try Dealroom →.
What's the endgame? WDP owns and manages logistics real estate. The raise strengthens its balance sheet ahead of combining with Argan, keeping leverage in check as the two firms move toward a tie-up.
The signal: At €400 million, the round ranks in the 95th percentile among post-IPO equity raises in Belgium over the trailing 48 months — a sign of how much capital listed property firms are mobilising to steady their books before major consolidation.
Read more: lecho.be
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