Global alternative investment manager Ares Management Corporation has emerged as the buyer of a portfolio of nine industrial assets located along France’s main logistics corridor, the French Dorsal Axis, from funds managed by Blackstone.
The €300 million+ portfolio comprises approximately 360,000 square metres of logistics space in France’s prime logistics markets, including Paris, Lyon and Marseille.
The portfolio is fully leased to a diversified set of national and international blue-chip tenants. Additionally, the properties reflect grade A specifications and a high standard of requirements for modern tenants.
Source: propertyeu.info on the 18th of April, 2024
https://propertyeu.info/Nieuws/Ares-Management-bags-300m-French-industrial-portfolio-from-Blackstone/7a87e7b8-f485-494e-b913-2a7e70d7bfcb