WDP stock trades at EUR 20.54 after a Krefeld deal

Published on 09/28/2026 at 13:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

WDP stock was valued at EUR 4.9 billion on September 28, 2026, while Berenberg set a EUR 28.00 target on September 24. First-half EPRA earnings rose 9 percent.

Logistikzentrum mit Solardach bei Sonnenuntergang, WDP N.V. Aktie BE0974310428 — Fotorealistisches Logistikzentrum bei Sonnenuntergang symbolisiert das Kerngeschäft von WDP N.V., Aktie BE0974310428, Illustration mit AI erstellt.

WDP (ISIN BE0974310428) was trading at EUR 20.54 on Euronext Brussels on September 28, 2026, at 1:22 p.m. CEST, up 0.20 percent on the session. The latest company catalyst is a Krefeld logistics property acquisition announced on September 24, which expands WDP's German platform, according to WDP.

German logistics platform expands

The acquired property is in Krefeld, North Rhine-Westphalia, and is fully leased to an international automotive company under a triple-net, CPI-linked lease agreement, WDP said on September 24, 2026. The lease runs toward 2037, with a break option at the end of 2029.

The transaction adds a concrete operating datapoint to WDP's European logistics strategy. The company describes the investment as part of its #BLEND2030 growth approach, with local German operations supporting selective acquisitions and asset management.

First-half earnings rise 9 percent

WDP reported EPRA earnings of EUR 186.7 million for the first six months of 2026, up 9 percent from the comparable period, according to Brussels Morning. The same report put quarterly revenue for the three months ended June 30, 2026, at EUR 131.24 million, up 9.26 percent year over year.

Management also reaffirmed a full-year 2026 earnings-per-share target of EUR 1.60, while portfolio occupancy stood between 97 percent and 98 percent in the reported half-year update, Brussels Morning reported. For investors, the combination of earnings growth and high occupancy makes rental income and dividend coverage the central operating measures.

Price target remains above market

Berenberg rated WDP Buy with a EUR 28.00 price target on September 24, 2026, according to Trivano. That target is EUR 7.46 above the September 28 trading price, a 36.32 percent premium based on the two stated values.

The market is pricing WDP at EUR 4.9 billion, while the session volume was 45,766 shares on September 28, 2026. The share price also remained 21.54 percent below its 52-week high of EUR 26.18, but above the 52-week low of EUR 20.38.

WDP stock stays below its yearly high

WDP stock was last at EUR 20.54 on Euronext Brussels on September 28, 2026, with a 0.20 percent session gain. The quotation remains materially below the yearly high, leaving the Krefeld acquisition, first-half earnings and the EUR 28.00 Berenberg target as the key reference points for the shares.