Fos-sur-Mer: P3 Logistic Parks acquires a 36,718 sqm logistics platform from FPGL

P3 Logistic Parks has just acquired a 36,718 sqm logistics platform from FPGL (Faubourg Promotion and Group Life), located in the Euro Méditerranée park in Fos-sur-Mer. The site is currently fully occupied by Adeo and operated by Geodis.
Built in 2020, this class A building consists of a warehouse divided into six cells and 896 sqm of offices, on a total surface area of 78,483 sqm. The building is Breeam Good certified and has a photovoltaic power plant on the roof and shaded areas in the car park, which produce energy that is sold to the EDF network.
"This platform benefits from exceptional multimodality, both in France and in Europe, thanks to its access to the A5 motorway, which links Fos-sur-Mer to Italy, as well as to the cities of Paris and Lyon. Italy, as well as cities in the South-East of France such as Aix via the A8, the A9 serving Spain and cities in the South-West of France such as Montpellier, and the A7 serving Lyon, according to the press release. In addition, given its relationship with ports in other Mediterranean countries, Fos-sur-Mer has excellent growth potential. "
"This operation, developed in the heart of a park managed byFaubourg Promotion and Group Life, illustrates our ability to This operation, developed in the heart of a park managed by Faubourg Promotion and Group Life, illustrates our ability to offer prime locations for our clients looking for strategic locations to handle their logistics activities," explainsChristophe Simmonnet, Managing Director of Faubourg Promotion. In the heart of the industrial port area of Fos-sur-Mer, on a former industrial wasteland, theIdec Group's teams have given a dynamic face to this area by building this operation. "
"This acquisition reflects our growth strategy, which we have defined in 2019 and which is taking shape with the purchase of this first site. Other acquisition, development or turnkey projects are in very advanced discussions at the moment. We are also looking at portfolios of assets for sale in order to accelerate our growth around our historical businesses," saysChristophe Chauvard, Managing Director of P3 France.
In this transaction,EOL andEntrepôts XXL acted as advisors to P3 Logistic Parks.

Source: BuinessImmo
Date
: 07/04/21
Link: https://www.businessimmo.com/contents/126964/fos-sur-mer-p3-logistic-parks-acquiert-une-plate-forme-logistique-de-36-718-m2-aupres-de-fpgl
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