Funds advised by Round Hill Capital have acquired a portfolio of five logistics assets in France. Round Hill Capital continues to seek further logistics investment opportunities across France and wider Europe as part of the expansion of its pan-European logistics strategies.
This transaction represents Round Hill Capital’s first investment in France. The five institutional-quality logistics assets — four cross docking buildings and one warehouse — are let to class A tenants. They are strategically located in strong logistics hubs of France, namely the Toulouse, Orleans and Greater East markets, in micro-locations with excellent transport connectivity, low vacancy rates, and a constrained supply of available logistics buildings and development land. These assets are being acquired from La Société de la Tour Eiffel.
Michael Bickford, founder and CEO of Round Hill Capital, said, “Round Hill Capital has been evaluating the French and wider European logistics r