INDIGO has acquired a stake in CORSALIS, aiming to transform urban logistics by repurposing parking spaces into efficient delivery hubs in major metropolitan areas.
Information on the Target
CORSALIS is an urban logistics real estate operator dedicated to enhancing last-mile delivery solutions in city centers. The company focuses on converting underutilized urban spaces, primarily parking facilities, into viable logistics hubs that support efficient delivery services. Through their collaborative efforts, CORSALIS and INDIGO aim to redefine urban infrastructure to meet the increasing demand for rapid delivery in metropolitan areas.
This partnership is bolstered by INDIGO, a global leader in parking and individual mobility services, which has acquired the shares previously held by ALTAREA. Together, the two companies are embarking on transformative projects including the Pressoir de Bercy in Paris, an initiative that repurposes an existing INDIGO parking facility into 2,040 square meters of logistics space for urban deliveries, and the Arsenal de Foch project, which will create a 12,000 square meter urban logistics area within a prime Parisian parking structure.
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Industry Overview in the Target’s Specific Country
The urban logistics sector in France is experiencing significant growth driven by the rise of e-commerce and the increasing emphasis on rapid delivery services. Cities are seeing an uptick in demand for logistics so
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INDIGO
invested in
CORSALIS
in 2024
in a Joint Venture deal