Paris
CBRE Global Investors acquires a trophy logistics asset in Genas (Lyon)
27 Feb 2018
CBRE Global Investors, on behalf of one of its separate accounts, has acquired a cross-dock building in Genas (Lyon) from the developer 6ème Sens Immobilier.
The cross-dock benefits from an exceptional location near Lyon, along the strategic Rocade Est. The 15,600 sqm cross-dock is pre-let to Relais Colis on a 12-year firm lease. The building will be delivered in May 2018 and will be certified Haute Qualité Environnementale (HQE) (level Very Good).
Gautier Beurnier, Head of Transactions France, CBRE Global Investors: “This high-quality asset benefits from a prime location and perfectly meets our client’s investment criteria. This acquisition increases our exposure to one of Europe’s prime logistics markets. In 2018, we will be looking to pursue further investments in this sector for our clients and we are actively scanning the market in particular around Paris.“
Jacques Garcès, Director, 6ème Sens Immobilier: “This disposal is the result of the development by 6ème Sens Immobilier of the 6Park Mi-Plaine representing a total area of 120,000 sqm. We succeeded in building trust with both Relais Colis and CBRE Global Investors and this operation reinforces our desire to pursue the development of new logistics projects”.
CBRE Global Investors were advised by Sorovim et EOL, Monassier & Associés, Linklaters, Batyom and Ramboll Environ.
About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $103.2 billion in assets under management* as of December 31, 2017. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2017 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.
The cross-dock benefits from an exceptional location near Lyon, along the strategic Rocade Est. The 15,600 sqm cross-dock is pre-let to Relais Colis on a 12-year firm lease. The building will be delivered in May 2018 and will be certified Haute Qualité Environnementale (HQE) (level Very Good).
Gautier Beurnier, Head of Transactions France, CBRE Global Investors: “This high-quality asset benefits from a prime location and perfectly meets our client’s investment criteria. This acquisition increases our exposure to one of Europe’s prime logistics markets. In 2018, we will be looking to pursue further investments in this sector for our clients and we are actively scanning the market in particular around Paris.“
Jacques Garcès, Director, 6ème Sens Immobilier: “This disposal is the result of the development by 6ème Sens Immobilier of the 6Park Mi-Plaine representing a total area of 120,000 sqm. We succeeded in building trust with both Relais Colis and CBRE Global Investors and this operation reinforces our desire to pursue the development of new logistics projects”.
CBRE Global Investors were advised by Sorovim et EOL, Monassier & Associés, Linklaters, Batyom and Ramboll Environ.
About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $103.2 billion in assets under management* as of December 31, 2017. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2017 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.