Vailog, an Italian logistics real estate investor-developer, said this week it has started construction of a new 60,000-m[sup]2[/sup] logistics facility in Lyon, Northern France.

Vailog, an Italian logistics real estate investor-developer, said this week it has started construction of a new 60,000-m2 logistics facility in Lyon, Northern France.

The property, located in the new Pusignan district of the city, will be erected on a 132,000 m2 site near the Lyon Saint-Exupéry. Delivery of the asset, which is targeting a High Environmental Quality certificate, is planned for 2013.