Modern Cross-Dock |
La Dorsale, France
Two modern cross-dock assets assets which are leased to a blue chip company and strategically located along the French logistics corridor which is key to continental trade.
Facts & Figures
Industrial & Logistics
Core
Under management
BREEAM Very Good
7,318 sqm
space (Valence)
4,504 sqm
space (Amiens)
LED
lighting throughout
Key
to international freight flows
About the asset
- Two cross-dock assets, constructed in 2021 by the French developer 6ème Sens, with a total size of 7,318 sqm (Valence) and 4,504 sqm (Amiens).
- Assets located along the French logistics corridor “the dorsale” which stretches from Lille (north) through Île-de-France and Lyon, down to Marseille (south).
- Rental growth underpinned by 2% vacancy in cross-dock segment in France combined with replacement costs above capital value per sqm (as at 31.12.2024).
- The Amiens asset is located directly adjacent to an Amazon fulfillment center.
- Improve ESG credentials of the Amiens asset by installing solar panels to enhance value.
- LED lighting throughout and EPC with a B label.
- BREEAM (In-use) Very Good certification.
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