AMB Property Corporation has pre-leased 29,600 m[sup]2[/sup] of development projects in the Seine River corridor. The corridor connects Paris to the English Channel and serves as the main gateway for imports into France.
AMB Property Corporation has pre-leased 29,600 m2 of development projects in the Seine River corridor. The corridor connects Paris to the English Channel and serves as the main gateway for imports into France.
AMB, a New York-listed global developer and owner of industrial real estate, leased 12,800 m2 to Schenker France, an AMB target customer and part of the Transportation and Logistics Division of Deutsche Bahn. Another 6,700 m2 was leased to Necotrans, a French maritime forwarder, at AMB Port of Rouen Distribution Center, which is adjacent to the Port of Rouen's main container terminal.
AMB also leased 10,100 m2 of AMB Le Havre Logistics Park 1 to Didactic, a pharmaceutical company. The Port of Le Havre is the top French container port as ranked by container volume.
'Our understanding of customers' business requirements and a specialised focus on seaports resulted in this rapid absorption of space,' said Mo Barzegar, AMB's managing director, Europe. 'Considering the robust leasing activity already achieved, we're confident these developments will continue to perform.'
