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Fitch Affirms Warehouses De Pauw Rating Amid Purchase of Argan

MT Newswires·07/29/2026 03:33:04
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03:33 AM EDT, 07/29/2026 (MT Newswires) -- Fitch affirmed the BBB+ long-term issuer default rating of Warehouses De Pauw (WDP.BR), with a stable outlook, following the company's deal to buy French logistics-focused real estate investment trust Argan (ARG.PA). In a Tuesday note, the rating agency said the transaction, expected to complete in the first quarter of 2027, is expected to improve the geographic diversification of the Brussels-listed logistics properties developer.