Cheyne Capital has entered the French logistics sector by financing ARA Europe’s acquisition of a state-of-the-art XXL logistics platform in France.
ARA Europe was formerly InfraRed Capital Partners Real Estate.
The platform has a surface area of 117,000 sq m and will consist of 10 storage cells for standard products and two Seveso storage cells, all of which will be equipped with loading rooms, offices and social premises, allowing for a high degree of flexibility for its future tenants.
The location is in the heart of the Haut-de-France region, close to the Ile de France and the port areas of Le Havre as well as Calais.
The platform is currently under construction and is scheduled for completion in Q4 2022. It will benefit from the latest standards in the field and is aiming for BREEAM Very Good certification.