EPISO 5, the real estate fund advised by Tristan Capital Partners, and Catella Asset Management have acquired a portfolio of 27 logistics sites, including four on-going developments across France, for €85 million ($104 million).
The overall portfolio comprises 105,000 square meters (1.6 million square feet) of assets, expanding the dedicated French logistics and light industrial portfolio within EPISO 5. Tristan Capital Partners continues to actively pursue further acquisitions on behalf of EPISO 5 across France, targeting the creation of a €500 million ($613 million) platform.
The transaction follows the initial sale-and-leaseback of a portfolio of 50 logistics sites across France by EPISO 5 and Catella Asset Management from Group Jacky Perrenot in July 2020, taking the total value of transactions this year to approximately €265 million ($325 million).
François Brisset, CEO at Catella Asset Management, said, “Less than a year post-inception, we are mor
