In 2020, Weerts Group and Ethias entered a 50/50 joint venture (Weerts Logistic Parks Holding, WLPH) for the acquisition of income-producing logistics projects developed by the Weerts Group.
In light of its substantial pipeline of more than 1 million square meters under development (in addition to the circa 500k sqm already delivered), Weerts Group together with Ethias decided to identify a new partner to allow WLPH to continue to invest in a diversified portfolio of core logistics real estate in Western Europe. Today, Weerts Group and Ethias are proud to announce they found that new partner in Primonial REIM France.