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Warehouses De Pauw SA (WDPSF) M&A Call Transcript

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Joost Uwents
MD, CEO & Executive Director

Good morning, everybody. [Foreign Language]. Good morning, Europe. I think, and I’m sure it’s a fantastic day, a fantastic day for Argan, a fantastic day for WDP, but also a fantastic day for the European growth real estate sector. And of course, also a fantastic day for both families behind me.

Yes, it is like Jean-Claude just mentioned, today, we realized something unique with the right partners at the right moment with the same fundamentals. And that is really important.

But before that, let’s go back once to the beginning of this year, when we launched our new long-term project, BLEND&EXTEND 2030 based on a good long-term structural demand for logistics and a disciplined balance sheet, you can blend a lot and you can create value. And until now, we did it only internally. And as from now, we also do it externally. We don’t blend buildings only, but we will also blend companies.

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And it is indeed something totally different, but so important for our future, for our clients, for

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