German property group Deka Immobilien has acquired a newly constructed e-fulfilment centre in the Paris region for around €160 mln.
Gemfi, the development arm of Gicram Group, established the building to address the needs of users and subsequently sold it to Deka. The new building will be added to the portfolio of the Deka-ImmobilienEuropa open-ended property fund.
The Tailor project completed in February 2024 at the new Tertre de Montereau district comprises 140,000 m2 of leasable space plus over 1,200 car parking spaces, over 60 HGV parking spaces and over 170 bicycle parking spaces. It is let to Zalando, a European e-Commerce destination for fashion and lifestyle.
The property is aiming for BREEAM Excellent rating.
