Crossbay acquires €60m French last-mile logistics portfolio
The pan-European urban logistics platform acquired a fully-let €60m portfolio of nine properties located across France in an off-market transaction.
All the assets are situated in prime infill locations in core French cities, including Paris, Lyon, Nantes and Orleans.
The 50,000 sq. m. portfolio builds on Crossbay's growing footprint in France, which remains a key target market for acquisitions, with the platform targeting €500m in assets under management in France within the next two years.
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