Stibbe advises WDP on acquisition of former Renault site

Matter
BE Law

Stibbe has successfully assisted WDP with its acquisition of the renowned Renault site in Vilvoorde, Belgium. This transaction entails the acquisition of the companies owning the buildings and land, with a total property investment value of €100 million.

WDP intends to sustainably redevelop the site, aiming to create innovative real estate solutions. The project will integrate WDP's advanced energy solutions and decarbonization strategy, while ensuring that the development harmonizes with the surrounding environment.