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KKR-backed Etche sells five assets in Lyon region
Transactions - DECEMBER 18, 2023

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KKR-backed Etche sells five assets in Lyon region

by Released

Etche, KKR’s logistics real asset platform in France, has sold a portfolio of five assets located in the Lyon region, with a total area of approximately 29,000 square meters (312,000 square feet).

Situated on the outskirts of Lyon, in Meyzieu, Saint-Quentin-Fallavier, Saint-Priest, Décines-Charpieu and Chassieu, the portfolio consists of five commercial and logistics buildings strategically located in prime logistics zones that serve the city of Lyon and its surrounding area. The buildings are fully leased to national and local brands.

“This latest sale ends an extremely active year for Etche and demonstrates our ability to continue creating value in the sectors we are focused on, including logistics,” said Vincent Lauret, president of Etche. “In the midst of a challenging market environment, we have successfully completed a quick sales process without compromising on our ambitious value objectives, reflecting the quality and prime location of this portfolio a

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