De Pardieu has advised PGIM Real Estate and Alderan on the sale of a French industrial and logistics portfolio to M7 Real Estate for an amount of approximately €80M.
The transaction has been carried out on behalf of European Supply Chain Income Partnership (ESCIP), a pan-European industrial and logistics investment vehicle supported through a joint-venture between the owners of M7, Oxford Properties, a leading global real estate investor, developer and manager and AustralianSuper, one of Australia’s largest pension funds. The portfolio of approximately 109,000 sq.m is strategically located in well-established distribution hubs in France such as Saint-Quentin Fallavier and Marignane.