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With ZNA, French logistics investors facing scarce supply... and value creation opportunities

By significantly limiting the supply of new logistics space, which users are particularly keen on, zero net artificialisation (ZNA) represents a major tool for property investors looking to create value. But to take advantage of the attractive fundamentals promised by the French logistics market in the years ahead, investors will have to be prepared to work twice as hard.

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In its summary guide dated 27 November last year, France's Ministry of Ecological Transition and Territorial Cohesion defended its goal of zero net artificialisation (ZNA) (...)

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