Belgian Warehouses De Pauw (WDP) has actually procured its hands on the previous Renault facility in Vilvoorde, near Brussels. The logistics residential property programmer and financier paid EUR100 million for the realisation of an ingenious city circulation center on this ‘legendary website’. The purchase remains in line with WDP’s formerly mentioned development method for 2025.
The old Renault facility goes back to the 1920s. At the time, it was the French producer’s very first circulation centre outside its boundaries. Situated in a prime commercial, multimodal area on the borders of Brussels, the facility covers some 19 ha. According to WDP, it supplies “a special future long-lasting redevelopment capacity” in an area where land of such dimension is or else not available.
‘ This website stands for an unequaled possibility for both the city of Vilvoorde and WDP to change this commercial heritage right into an ingenious and future-oriented city circulation center that exceeds the timeless commercial or logistics location,’ specifies Kristof De Witte, Nation Supervisor for Belgium and Luxembourg at WDP. ‘And this within an international city growth strategy that remains in equilibrium with the expanding city setting.’
Ingenious property remedies
WDP is getting the Renault facility from investment firm Alcopa, which had actually had it because 1997. In the redevelopment, the property expert states it is going for cutting-edge property remedies for a selection of clients and for a mix of features, with execution of WDP’s power remedies and decarbonisation method. WDP plans to establish the redevelopment prepares in stages, in close examination with the city of Vilvoorde.
The message WDP realises innovative city distribution hub in iconic Renault complex showed up initially on Supply Chain Movement.
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