Nuveen Real Estate buys second-largest logistics investment in France

As part of its investment strategy in France, on behalf of its European Logistics Fund (Elof), Nuveen Real Estate has acquired, from Aviva Investors Real Estate France SA, on behalf of Logiprime Europe managed by Aviva Investors Real Estate France SGP, a logistics platform of 25,000 square meters (269,000 square feet) in the heart of the Aube logistics park in Buchères, France.

It is located 10 kilometers (6.2 miles) from Troyes, a town in the Grand Est region of northeastern France. And t is close to the A5 and A26 motorways. The class A building, comprising four cells, offices and technical rooms, has been entirely occupied by Eurodif (Omnium group) since May 2013.

“The Buchères logistics platform is a perfect fit with our European investment strategy in logistics real estate. This new asset is Nuveen Real Estate’s second-largest logistics investment in France on behalf of Elof, within a year, after the logistics site of Fos-sur-Mer in Marseille. With the objec