The joint venture involves the English asset manager Europa Capital, specialising in real estate investment, and DeA Capital Real Estate France, a subsidiary company of DeA Capital, led by Emanuele Dubini, that is part of the pan-European platform for developing real estate activity in France.
More specifically, the partnership agreement provides for the launch of a logistics/industrial platform with a strong ESG and sustainable development footprint. The platform being launched has an investment target of €100 million and will kick off with the development of five areas, in collaboration with developer Axtom and with the asset management partnership of DeA Capital Real Estate France.
The first portfolio consists of five assets, extending over 28,400 m2, situated between Wattrelos (Lille), Colombier (Lyon), Épernon (Chartres), Brignoles (Marseille) and Saint-Herblain (Nantes).
They will be
completed between the fourth quarter of 2022 and 2023.
Europa Capital notes that through this investment, the size of its current logistics/industrial portfolio
has increased to 815,000 m2, over a wide geographic range, including the United Kingdom, France,
Germany, the Netherlands, the Czech Republic, Hungary and Poland.