This transaction follows the signing of an investment agreement announced on 7 January 2026 and was completed on 1 April 2026.
As part of this joint venture, the assets are now owned up to 51% by Covivio and 49% by funds managed by Blue Owl Capital. The three sites represent Thales’ largest global facility, designed to accommodate nearly 6,000 employees across more than 126,000 sq.m.
The transaction values the entire real estate portfolio at €503 million and forms part of Covivio’s strategy to rebalance its portfolio.