This article was produced by Olswang LLP, which joined with CMS on 1 May 2017.
Olswang France LLP has advised Tristan Capital Partners, on behalf of Curzon Capital Partners IV (CCP IV), its most recent core plus investment funds, on the acquisition of a Prologis logistics portfolio which comprises six warehouses totalling approximately 207,500 sqm and building lots for approximately € 110M.
Four of the six warehouses are located in logistics parks close to Lille, Paris and Marseille and other two warehouses between Paris and Bordeaux. The building lots, covering 9.2 hectares, are located near Poitiers and offer the possibility to develop another 20,000 sqm. The portfolio is let to companies such as Michelin, Auchan, Burton and Conforama.
The Olswang team was led by real estate Partner Emeline Peltier with support from Associate Julie Brubach regarding the corporate and real estate aspects of the transaction.