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2019-10-03 9:00 CET, France, Sweden | Property Investment Management | Press release

Catella Logistic Europe delivers first two logistic buildings to Logtex and Groupama

Catella Logistic Europe, established 18 months ago in partnership with Thierry Bruneau, delivers its first two logistics buildings. The buildings are located in Troyes-Moussey and Cholet, the two warehouses are leased for 9 years to the logistics provider LOGTEX, specialized in fashion, luxury and e-commerce.

With a surface of 19,932 m² (3 cells) and equipped with 17,205 m² of removable metal mezzanines, the building in Troyes will run logistics operations for several customers such as Absorba (Kidiliz group), Balibaris, and Le Slip Français.

With a surface of 18,768 m² (3 cells) and equipped with 19,583 m² of removable metal mezzanines, the building in Cholet will serve the global logistics of the IKKS group.

Groupama Group, leader in insurance industry in Europe, acquired in forward funding transaction these two new generation logistic buildings for a total amount of €33,283,000. For this sale, Catella Logistic Europe was advised by Catella Property Consultants.

“This is a first landmark milestone for our new venture Catella logistics Europe. Just after 18 months from the launch of the business we are able to deliver two fully completed, high quality and modern standard logistic properties to top tier tenant and investor. “We also have a very interesting pipeline of new business and will launch soon new project starts”, says CEO Thierry Bruneau of Catella Logistics Europe.

Catella Logistic Europe supports the rapid growth of the logistic market in Europe, particularly in France, Spain and Germany, as a prime designer logistic real estate company specialized in logistics plateforms. It provides its clients, 3PL, industry and distribution with advanced 4.0 building, complying with expectations of first-class quality logistic service and responding to high criteria of cost and environmental performance.

 
About Catella Logistic Europe
Catella Logistic Europe, part of the business area Catella Property Investment Management,  offers a complete portfolio for logistic real estate market segment, developing a variety of projects, warehouse for logistic, order-fulfilment and/or e-commerce, last-mile and cross-dock express delivery  buildings, reengineering or complete turn-key projects, for its final customer or tenants linked with long-term lease contract.

For more information, please contact:              
Thierry Bruneau                                                 
CEO                                                                   
+33 6 25 63 10 31                                               
thierry.bruneau@catella.fr


Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately EUR 20 billion. Catella is listed Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

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