Different price expectations between buyers and sellers pause transactions

The property is strategically located in Combs-la-Ville, a prime logistics hub only 35 kilometres south of Paris.

The consent of land owners within the Parks is considered a precondition.

The lessee of the property and the contractor of the business will be the newly established company IOLI PIGI.

The logistics park that has been completed in 4Q 2022 is located on a 157,900 sqm site.

Deutsche Bank's outlook for 2023

Based on the 2022 GRESB results

The project refers to the provision of financial aid from the Recovery and Resilience Fund.

The prime property is targeting an ‘Excellent’ rating under BREEAM’s sustainable building certification scheme.

The tender is scheduled in the beginning of 2023 with the an initial cost estimated at around €250 million.