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Logistics worth more than €60 million changes hands in Eastern France

Vailog has sold an asset of nearly 75,000 square metres to an English-speaking investor
(berdoulat jerome / Adobe Stock)
(berdoulat jerome / Adobe Stock)

Translated from French.

Anglo-Saxon investors' appetite for French logistics real estate is not confined to the backbone. According to our information, the American asset management company Clarion Partners Europe has signed an agreement with Segro subsidiary Vailog to acquire a 75,000 m² logistics platform in Fontaine, east of Belfort. The transaction would represent an investment of just over €60 million, according to a source familiar with the matter.

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