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AEW acquires last-mile logistics asset in Lille, France, for ULLIS
Transactions - FEBRUARY 4, 2025

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AEW acquires last-mile logistics asset in Lille, France, for ULLIS

by Released

AEW has acquired a class A last-mile light industrial asset in Lesquin, near Lille in France, on behalf of its urban light industrial platform, ULLIS.

Constructed in 2018, the asset comprises 6,500 square meters (70,000 square feet) of urban light industrial space, including 500 square meters (5,400 square feet) of office space. The current occupier is due to vacate the premises later this year, and AEW plans to re-lease the space, which is situated on CRT Lesquin, the largest business and logistics park in the Lille metropolitan area and one of the most sought-after locations for last-mile logistics in the region.

AEW has also identified opportunities to improve the sustainability of the asset as part of a manage-to-green strategy that is designed to create value and support resilience over the long term. This will involve measures to improve the asset’s energy consumption through the installation of heat pumps, LED lighting and EV charging stations, as well as r

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