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Fidelity snaps up core logistics asset in France from Barings

Barings, via one of its European core real estate strategies, has agreed the sale of a logistics asset near Lyon, France, to Fidelity International on behalf of its pan-European Fidelity Real Estate Logistics Impact Climate Solutions Fund (LOGICS).

The parties agreed not to disclose financial details.

The 27,622 square metre property in Saint-Laurent-de-Mure was purchased in July 2019 as part of a portfolio of three assets let to La Poste – one of which, in Migné-Auxances in Poitiers, has also been sold, and the remaining one after this sale, in Villeneuve-la-Garenne, remaining under management.

Source: IPE Real Assets on 21 May 2025
https://realassets.ipe.com/news/fidelity-snaps-up-core-logistics-asset-in-france-from-barings/10130651.article