Amundi Real Estate, on behalf of the funds it manages, has acquired a 130,435 m2 logistics platform in Lahr, in the state of Baden-Württemberg (south-western Germany), from the Goodman Group.
The warehouse is fully leased to German company Zalando, Europe's leading online fashion and lifestyle platform, serving customers in 17 European countries. Zalando has occupied the warehouse since its completion in September 2016 under a long-term lease.
Located less than 50 km from the city of Strasbourg (France) and completed in 2016, the warehouse holds the "Gold Energy Efficient" (BREEAM VERY GOOD) label, and is a reference for the logistics sector in terms of construction quality, flexibility and environmental performance.
Jean-Marc Coly, Chief Executive Officer of Amundi Real Estate, said: "We are delighted with this new transaction in the logistics sector. It is in line with Amundi Real Estate’s strategy of asset diversification and international development.”
Amundi Real Estate was advised by Groupe Panhard, Norton Rose Fullbright, Dreese and Sommer, Sintéo and CBRE.
UK - International Press Relations
Amundi, the leading European asset manager, ranking among the top 10 global players, offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets.
With its six international investment hubs, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 4,500 employees in nearly 40 countries. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €1.650 trillion of assets.
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