Real estate asset manager AEW has acquired a logistics portfolio in the Île-de-France region, near Paris, on behalf of a French institutional investor.
Financial details were not disclosed.
The portfolio, which covers 38,000 m2 in total, comprises two fully let, Grade A logistics properties with 15,000 m2 and 23,000 m2 of space respectively.
Both assets are strategically located in the major logistics hubs of Compans and the ZAC (joint development zone) of Orme Pomponne Ris-Orangis, and close to the main French North-South motorway network.
AEW was advised by Prudhomme & Baum, Baker McKenzie, ECOR and ICF Environment. The vendor was advised by Ashurst and Flusin.
JLL acted as an advisor on the sale of the portfolio.
