Fairway advised Stam Europe on acquiring, from the Casino Group, two logistics platforms of approximatively 110,000 sq.m, on behalf of the Highlands Logistics and Athena Investments funds.
The two assets, located respectively in Besançon and Saint-Etienne, are leased to Easydis (73,000 sq.m) and to the e-commerce company Cdiscount (37,000 sq.m). Both warehouses are secured via long-term leases.
Stam Europe is pleased to have completed these two “sale and lease back” transactions with the Casino Group. “These two stabilized assets offer secure rents and attractive returns for our investor clients,” says Stéphane Guéroult, logistics asset management director, in the press release.