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Catella’s fund platform acquires a French logistic portfolio in St. Etienne and Avignon for its Catella Logistik Deutschland Plus fund

Catella Real Estate AG (CREAG), from January 1, 2025 forming Catella’s new
format of fund investment platform together with Catella Investment Management GmbH (CIM), advised by local operating partner Aquila Asset Management SAS (Aquila), acquires three stabilized new logistics properties with a total lettable area of approximately 18,750 square meters in the French cities of St. Etienne and Avignon for the special AIF "Catella Logistik Deutschland Plus" (CLD+). 

The seller of the fully let properties is the French developer Vectura Immobilier. The long-term tenants are a logistics company and a parcel service provider.

Source: Catella on the 3rd of February 2025

https://www.catella.com/en/germany/news-and-press-releases/press-releases/2025/catellas-fund-platform-acquires-a-french-logistic-portfolio-in-st.-etienne-and-avignon-for-its-special-fund-catella-logistik-deutschland-plus