AEW Completes Year’s Largest French Logistics Deal
AEW Europe and GLL Real Estate Partners, the Munich-based fund manager, have completed the largest logistics investment transaction in France this year. AEW acted on behalf of Curzon Capital Partners II, and GLL acquired the portfolio on behalf of one of its fund accounts. The portfolio comprises eight high-quality logistics assets, totalling approximately 300,000 square metres. It was acquired for approximately €177 million. The class A buildings are in six locations across France and all were developed between 2005 and 2010.