BNP Paribas REIM invests in logistics property in Lyon (FR)

BNP Paribas REIM invests in Lyon logistics property (FR)

BNP Paribas REIM has acquired a logistics asset in Corbas, France from the developer PRD. Located within close proximity to Lyon city centre, the property benefits from easy access to major transport links connecting Lyon with the rest of Rhone-Alpes region. The grade A logistics asset will accommodate some 77,000m² divided into 9 units, of which 5 with positive refrigeration. On its completion, the property will also be BREEAM certified. The entire development has been pre-let to a blue-chip tenant with an off-plan lease of 10 years without break option. The purchase price was not disclosed.

 

With this investment, the SCPI Accimmo Pierre managed by BNP Paribas REIM France continues to diversify its portfolio, while conserving the fundamentals of its investment strategy, targeting recent high-quality assets in strategic locations with a guaranteed rental situation.

 

“This property meets the best logistics standards and offers good visibility on cash flows thanks to its long-term lease”, commented Guillaume Delattre, Deputy General Manager of BNP Paribas REIM France.

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