Round Hill Capital has marked its entry into France’s real estate market with the acquisition of five logistics warehouses from La Société de la Tour Eiffel.
In an announcement, the global specialist real estate investment firm said it continues to seek further logistics investment opportunities across France and wider Europe as part of the expansion of its pan-European logistics strategies.
Round Hill said the debut French assets, which were acquired on behalf of funds advised by the firm for an undisclosed sum, includes four cross-docking buildings and one warehouse located in the Toulouse, Orleans and Greater East markets.
Michael Bickford, founder and CEO of Round Hill Capital, said: “Round Hill Capital has been evaluating the French and wider European logistics real estate markets for several years.
“We have significant dedicated capital to deploy in select areas of France and wider Europe, which continue to see long term supply constraints of well-located high-quality logistics assets with excellent transport connectivity coupled with deep and increasing tenant demand.”
Bickford said the initial investment in France enhances the company’s pan-European logistics platform strategy and growth plans.
“Round Hill Capital is continuing to look to make further investments in industrial and logistics property and residential and student accommodation in France and across wider Europe in line with our existing growth strategies.”
