14-04-2020
Amundi Real Estate announces the acquisition of a logistics platform in Lahr, Germany
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.
Amundi, the leading European asset manager, ranking among the top 10 global players[1], offers its 100 million clients - retail investors, institutional investors and companies - a complete range of savings and investment solutions in active and passive management, in traditional or real assets.
With its six international investment hubs[2], financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi’s clients benefit from the expertise and advice of 4,500 employees in nearly 40 countries. Created in 2010 and listed on the stock exchange in 2015, Amundi currently manages over €1.6 trillion of assets[3].
Amundi’s Real and Alternative Assets business brings together a complete range of capabilities in real estate, private debt, private equity and infrastructure. Drawing on decades of experience, Amundi facilitates access to real assets for institutional and retail investors. With nearly €54 billion in assets under management invested in over 1,000 assets in 13 European countries, the business line is supported by 200 professionals in three main investment hubs in Paris, London and Milan.
Amundi, a Trusted Partner, working every day in the interest of its clients and society
