Target Information

EPISO 6, a fund managed by Tristan Capital Partners, in collaboration with joint venture partner Edmond de Rothschild REIM, has successfully acquired a logistics development consisting of approximately 136,000 square meters in Delta 3 - Dourges, located in the Lille area of France. This asset includes 136,000 square meters of Grade A warehouse space, strategically positioned within the Delta 3 multimodal logistics platform, a key logistics hub in Northern France along the A1 highway.

The facility will feature 12 cells, with 5 already leased to a prominent player in the food and beverage industry. This acquisition is considered a significant addition to Delta 3’s logistics capabilities.

Industry Overview

The logistics sector in France has exhibited robust growth, driven by the evolving demands of global supply chains and a rising emphasis on multimodal transport solutions. Delta 3, specifically, has gained recognition as an essential logistics hub, facilitating seamless connections between road, rail, and air transport. The location's strategic positioning along the A1 highway positions it favorably for businesses looking to optimize their logistics operations within Europe.

Moreover, France's strong investments in infrastructure and sustainability initiatives are encouraging the development of advanced logistics facilities. The government’s efforts to enhance the efficiency of transport networks are expected to further bolster the logistics sector, making it increasingly attractive for investors.

The market is also seeing heightened interest in sustainable logistics solutions, as companies across various industries are striving to minimize their environmental impact. This shift towards sustainability has stimulated demand for high-quality logistics facilities that offer eco-friendly features and certifications, aligning with companies' environmental, social, and governance (ESG) commitments.

Overall, the logistics industry in France, and particularly in the Lille area, is poised for continued growth, driven by technology advancements, infrastructure improvements, and an increasing focus on sustainability.

Rationale Behind the Deal

The acquisition of the Delta 3 logistics development aligns with EPISO 6’s strategic objective to invest in quality logistics assets that cater to the evolving needs of businesses in the region. Tristan Capital Partners aims to leverage the asset's location within a premier logistics hub to attract high-profile tenants.

The partnership with local authorities to advance the development of a new generation of logistics facilities underscores the long-term vision behind the investment. These facilities are expected to incorporate multimodal transportation options and utilize sustainable utilities, appealing to a market that increasingly values environmentally responsible business practices.

Investor Information

Edmond de Rothschild REIM, which co-managed the deal, operates as a conviction-driven real estate investment platform with a portfolio totaling €12.61 billion in assets under management. The firm focuses on investment strategies across selected markets, maintaining a strong emphasis on environmental, social, and governance (ESG) principles.

With a presence in multiple countries across Europe, including the UK, France, Benelux, Germany, and Switzerland, the team at Edmond de Rothschild REIM specializes in both equity and debt investments within the green office, industrial/logistics, and modern residential sectors. Their commitment to sustainable investment practices aligns with the values of investors seeking impactful opportunities.

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The acquisition of the Delta 3 logistics development by EPISO 6 and Edmond de Rothschild REIM is seen as a prudent investment, given the growing trends favoring logistics and sustainable practices in the industry. The strategic location and the facility's quality position it well to meet current and future market demands.

Furthermore, the pre-leasing of a significant portion of the asset to a reputable food and beverage leader exemplifies the appealing attributes of the development, providing immediate cash flow and signaling strong market confidence in the property.

The collaboration with local authorities to enhance Delta 3's logistics offerings also sets the stage for long-term growth potential. By emphasizing sustainable utilities and multimodal accessibility, this investment not only meets current market expectations but is also poised to evolve with changing industry norms.

In conclusion, this transaction represents a strategic alignment with emerging market trends, solidifying its potential as a beneficial investment for EPISO 6 and its stakeholders.

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