York Capital Management and Stam Europe acquire €100m logistics portfolio from Proudreed

York Capital Management and Stam Europe have acquired a portfolio of 19 logistics and light industrial assets, located mainly within the French logistics corridor.

The portfolio represents a total area in excess of 360,000 m2.

An entity controlled by affiliates of the two companies completed the deal. Stam Europe will be responsible for the investment and asset management initiatives on behalf of the partnership.

Proudreed was advised by the team of Franck Poizat at BNP Paribas Real Estate and by the Office Notarial Didier Lasaygues (François Gauthier). Stam Europe and York Capital Management were advised by White&Case, Etude Michelez and Arthur Lloyd.

Source : PropertyEU