WEERTS LOGISTICS PARK IS PROUD TO ANNOUNCE THE SALE OF A PORTFOLIO FOR AN AMOUNT OF APPROX. €300M
PRESS RELEASE
15 July 2025
Weerts Logistics Parks is proud to announce the sale of a portfolio, for an amount of approx. €300m, unlocking capital for accelerated pan-European growth.
Weerts Logistics Parks (WLP), a leading pan-European logistics real estate developer, investor, and asset manager, part of Weerts Group, announces it closed a milestone transaction with Intervest (TPG), a Belgian institutional real estate investment fund (FIIS) specialising in logistics assets.
The transaction comprises a selection of a few of WLP’s Belgian delivered assets, a portfolio valued at approx. €300 million. It ranks among the largest logistics real estate deals ever completed in Belgium. The portfolio includes five logistics assets strategically located along key Belgian logistics corridors, with a total of over 250,000 sqm of warehouse gross lettable area (GLA). All assets are fully leased to a diversified base of blue-chip tenants.
Located along the E313 and E42 — two of Belgium’s main logistics arteries — the assets benefit from exceptional multimodal connectivity.
Recycling Capital to Drive Pan-European Expansion
While WLP's long-term vision is rooted in building and maintaining close relationships with its tenants, the sale is a core component of WLP’s capital recycling strategy, aimed at supporting its continued growth, for those same clients, across Europe. The transaction releases significant liquidity, which will be reinvested into a growing and diversified pipeline of development projects across strategic European markets, spanning over 1.3 million sqm of GLA across Europe, while maintaining its flexibility to serve its tenant base with agility and continuity.
With ongoing and upcoming projects in countries such as Belgium, Italy, Germany, France, the United Kingdom, the Netherlands, and Hungary, WLP is accelerating its expansion to meet rising demand from its clients for grade-A logistics infrastructure, driven by e-commerce growth, nearshoring trends, and supply chain optimisation.
“Weerts Logistics Parks remains deeply committed to its tenants— they are the foundation of our success” said Yves Weerts, CEO and owner at Weerts Logistics Parks. “This transaction not only validates the strong performance and market relevance of our assets but also enables us to scale up and respond faster to our clients’ evolving needs across Europe, delivering future-ready logistics infrastructure, while we grow and reinforce the long-term partnerships that drive our success.”
CBRE, Savills, and Loyens & Loeff acted as advisors to Weerts Logistics Parks in the sale. Stibbe advised Intervest (TPG), as buyer, on the acquisition.
About Weerts Logistics Parks (WLP)
Weerts Logistics Parks is a pan-European logistics real estate developer, investor and asset manager, focusing on delivering high-standard real estate logistics solutions that cater to and anticipate its clients’ and market needs. With a growing pipeline across key European logistics hubs, WLP combines development expertise, tenant-centricity, and sustainable design to enable the supply chains of tomorrow.
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