CBRE Europe Value Partners 2 (EVP2) and Virtuo to build €1bn French logistics portfolio
Client(s) CBRE Europe Value Partners 2 (EVP2)
Jones Day represented CBRE Europe Value Partners 2 (EVP2) in the establishment of its joint venture with Virtuo Industrial Property to purchase, build and rent a circa €1bn portfolio of prime logistics assets in France and the joint venture's acquisition of a seed portfolio consisting of five sites totaling circa 163,000 sqm of buildable area in the Marseille, Lyon and Lille areas.