Italian and English asset managers join forces to invest in French logisitcs
Italian and English asset managers join forces to invest in French logisitcs
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Italian and English asset managers join forces to invest in French logisitcs

DeA Capital has signed a strategic joint venture agreement with Europa Capital to develop the French real estate market.
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RE+D magazine
20.09.2022

DeA Capital has signed a strategic joint venture agreement with Europa Capital to develop the French real estate market, with a particular focus on the industrial logistics sector, a booming asset class across the European real estate market.

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.