Ivanhoé Cambridge strengthens its logistics exposure with a transaction to acquire a 36,000 m² warehouse in Roye, midway between Paris and Lille

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– Ivanhoé Cambridge acquired from Catella Logistic Europe a 36,000 m² logistics warehouse in Roye (Hauts-de-France), along the A1, the main motorway linking Paris and Lille, with delivery scheduled for Q4 2021. The site could also see construction of a 5,600 m² freight facility complementing the main building and dedicated to transportation/logistics for industry, distribution and e-commerce operations. In February 2020, Ivanhoé Cambridge acquired the Hub&Flow logistics assets portfolio, active in the primary Paris and Lyon hubs (read the news release). With the addition of this new property, the Hub&Flow portfolio will comprise 18 assets totalling 466,000 m². Located in an established logistics park, the new facility in Roye will be highly visible from the A1, strategically located midway between Paris and Lille (1 h 10 min), and just 50 minutes from Charles de Gaulle Airport. Besides its fiscal attractiveness, this location is also notable for its access to a high-quality labour pool. With logistics operations expanding rapidly around the world, the platform will thus be positioned to serve a base of 50 million European consumers within a radius of 300 km with remarkable fluidity. The state-of-the-art Class A platform will boast superior sustainability performance (BREEAM Very Good certification) with capacity for up to two users. It will be built on a former brownfield site, contributing to France’s national goal of net zero artificialization under the Biodiversity Plan as well as promoting attainment of circular economy objectives via recycling of demolition materials. Catella Logistic Europe will oversee construction, marking the start of a partnership with Ivanhoé Cambridge built around a shared pan-European development strategy. Groupe Panhard, which already supervises asset management of the portfolio, will assume that role for the new warehouse development false false false Ivanhoé Cambridge was advised in this transaction by Allez & Associés, Gide Loyrette Nouel, Panhard, Etyo and BNP Paribas Real Estate. Catella Logistic Europe received guidance from Reed Smith, Haussmann Notaires, Gnat Ingénierie, Top Management and Catella Property Consulting. The transaction was concluded by Arthur Loyd Logistique. false false false About Ivanhoé Cambridge Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a view to generate long-term performance. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint. Ivanhoé Cambridge invests internationally alongside strategic partners and major real estate funds that are leaders in their markets. Through subsidiaries and partnerships, the Company holds interests in more than 1,000 buildings, primarily in the industrial and logistics, office, residential and retail sectors. Ivanhoé Cambridge held C$64 billion in real estate assets as at December 31, 2019 and is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For more information: ivanhoecambridge.com. About Catella CATELLA GROUP is a leading specialist in property investments and fund management with operations in 15 countries. The group has assets under management of approximately 200 billion Swedish kroner. CATELLA GROUP is listed on the Nasdaq Stockholm Exchange in the Mid Cap segment. CATELLA LOGISTIC EUROPE, part of CATELLA PROPERTY INVESTMENT MANAGEMENT, offers a complete portfolio for the logistics real estate market segment, developing a variety of projects including logistics warehouses dedicated to storage, order fulfilment and/or e-commerce, cross-dock / express delivery / last-kilometre buildings, reengineering and complete turnkey projects, for final customers or tenants with long-term leases. CATELLA LOGISTIC EUROPE supports the rapidly growing European logistics market, including in France, Spain and Germany, as a premium logistics real estate company specialized in logistics warehousing. It provides its clients (3PL, industry and distribution) with 4.0 buildings that meet the highest logistics-service expectations and are cost-optimized, innovative and environmentally responsible.