Weinberg capital partners, in partnership with Diderot real estate, to build its first logistics platform in the 78 district of Paris

Weinberg Capital Partners announces the VEFA acquisition from Diderot Real Estate, on behalf of its WREP#3 value add fund, of a logistics platform in the Yvelines (78).

Designed by Diderot Real Estate for France Boissons (Heineken Group) under a 12-year firm lease, this urban logistics platform will serve the west of Paris.

The 18,700 m2 building will be delivered in the first quarter of 2025. Ideally located on the edge of the A13 freeway, just 30 minutes from Paris, it boasts excellent visibility, as well as real estate fundamentals and environmental labels that meet the highest market standards.

Gad Botbol, Investment Director at WCP: "We remain active in a market that is facing an unprecedented wait-and-see attitude. This project is in line with our investment strategy of "trophy", "virtuous" buildings in constrained sectors.The responsiveness and certainty of execution offered by Weinberg Capital Partners were key factors of success in this transaction.Our ambition is to continue our acquisition program in 2024.

Arié Natan, Deputy Managing Director at DRE: "Starting with France boissons' requirements and in less than 18 months, Diderot Real Estate's teams managed the entire value chain of the project: land management, design of a tailor-made building, obtaining all the necessary administrative authorizations and launching the building works. A performance that illustrates Diderot's expertise in complex, turnkey real estate operations that are exemplary in environmental terms.This signature with WCP marks a new stage in the process, before delivery is scheduled for Q1 2025.

The buyer was advised in this transaction by Allez & Associés (Nathalie Filbet), ReedSmith (Carole Steimlé), Racine (Fabrice Rymarz) and Agence Brut (Dimitri Buchaniec). The seller was assisted by Flusin Notaires (Cécile Miralles) and August Debouzy (Dorian Scemama). The transaction was carried out through Arthur Loyd (Nicolas Chomette).

Architect: A26-GL / Builder: GSE.