Log’S Group sells 300,000 m² of logistics real estate
28/12/2018
Septentrion Finance advised Log’S Group on the sale of a logistics real estate portfolio of nearly 300,000 m² to a fund managed by Morgan Stanley Real Estate Investing.
This sale and leaseback transaction involves 11 warehouses (out of the 27 operated by Log’S Group in France), with a total leasable area of nearly 300,000 m². Arthur Loyd Asset Management will manage the portfolio on behalf of the new owner.
This operation provides the logistics operator LOG’S with significant additional resources to expand its national coverage and accelerate its international development.
The seller was advised by Septentrion Finance (M&A: Damien Barenne and Guillaume Dubois), law firm Juridis Conseil (Corporate: Philippe Duthoo and Stephan Blavier), Lasaygues notary office (Me Gauthier and Kian Tawadjoh), Marchal firm (Commercial leases: Florence Mas), and AGN Avocats (Commercial leases: Caroline Long).
The buyer was advised by ALAM (Arthur Loyd Asset Management), Pardieu Brocas Maffei law firm, PWC, and the Wargny-Katz notary office.