La Française REM Acquires Logistics Platform in Mignières
Deal News | May 05, 2025 | La Francaise REM SAS
La Française Real Estate Managers (REM), a subsidiary of La Française Group, has expanded its portfolio by acquiring a new 26,600 sq.m Class A logistics platform located in Mignières, France. The asset, featuring strong ESG credentials and located conveniently near major highways, was purchased from Faubourg Promotion, a part of the IDEC Group. This acquisition exemplifies La Française REM’s dedication to building a diversified and sustainable real estate portfolio, aligning with their strategy to maintain value and promote responsible real estate investments. The platform is fully leased to the PLG Group under a long-term agreement and was developed with significant contributions from FAUBOURG PROMOTION and IDEC, ensuring high technical and environmental standards. The transaction was overseen by advisors including Attal & Associés, Ashurst, and ESSOR.
Sectors
- Real Estate
- Logistics
- Renewable Energy
Geography
- France – The acquisition involves assets located in France, specifically in Mignières, and involves French companies, making this geography pertinent.
Industry
- Real Estate – This industry classification is relevant because the article discusses the acquisition of a logistics platform, a real estate asset, by La Française Real Estate Managers.
- Logistics – The logistics sector is pertinent as the acquired asset is a logistics platform aimed at distribution and transportation facilitation.
- Renewable Energy – This is relevant due to the logistics platform's integration of photovoltaic panels and its alignment with ESG standards.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| La Française Real Estate Managers (REM) | Buyer | Company | A real estate asset management firm with over 27 billion euros in assets under management, focused on sustainable real estate investments. |
| Faubourg Promotion | Seller | Company | A subsidiary of IDEC Group involved in real estate development and the seller of the logistics platform. |
| IDEC Group | Developer | Company | The parent company of Faubourg Promotion, responsible for constructing the logistics platform. |
| PLG Group | Tenant | Company | A multi-specialist in professional hygiene and a subsidiary of the Bunzl Group, leasing the logistics platform. |
| Établissement de Retraite Additionnelle de la Fonction Publique (ERAFP) | Investor | Government | A French public pension fund on behalf of which the acquisition was made. |
| Attal & Associés | Legal Advisor | Company | Provided advisory services for the transaction. |
| Ashurst | Legal Advisor | Company | Provided legal advisory services for the transaction. |
| ESSOR | Advisor | Company | Provided advisory services for the transaction. |
| Antoine LE TREUT | Spokesperson | Person | Deputy Managing Director in charge of the institutional division for France at La Française REM. |