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Logistics news

Paris debates future of 35km 'périph' ring road

After deciding to 'green' the Eiffel Tower district and pedestrianise several traffic arteries, Paris is now debating the future of the 'périph', its 35km ring road, (...)

Cromwell REIT regains €114m Paris logistics after France drops buyback plans

Cromwell European REIT has regained control over its €114m Parc des Docks last-mile logistics asset in Paris after the French state dropped plans to (...)

Blackstone said planning new firm for €6bn European logistics

Two years after Blackstone sold logistics firm Logicor for €12bn, the US wealth manager is reportedly planning to pool €6bn smaller or last-mile European properties into (...)

Greenoak adds 167,000 sqm French logistics from TwentyTwo

Corelog, a unit of private manager TwentyTwo Real Estate, has sold a 167,000 sqm portfolio of French logistics assets to GreenOak Real Estate's European Logistics Fund. The (...)

AEW wins €275m separate logistics mandate from German insurer

Paris-based asset manager AEW has won a €275m separate account mandate from a German insurance group to establish a core logistics property portfolio across (...)

Google plans to invest €600m in second Finnish data centre

Global high-tech giant Google is to invest €600m in its second data centre in Hamina, Finland, adding to another close by opened in 2011 near the (...)