CBRE Global Investors has acquired a logistics platform near Toulouse, France, for €23m (£16m) from Consorcio de Parques Logisticos.
The asset is located 30km from Toulouse and comprises 10.7m sq ft of land and 321,000 sq ft of warehouse space, which is let to several tenants. There is permission for a 214,000 sq ft speculative warehouse development on the land.
CBRE Global Investors was advised by Winston & Strawn, Allez & Associés, Virtuo, Environnance and DTZ Toulouse.
The vendor was advised by Allen & Overy, PricewaterhouseCoopers, Etude Zenou and AZ Capital.
