M&G Real Estate acquires and funds €28.5 million Greater Paris light industrial project

By Public Technologies
  • M&G agreed to acquire and fund a €28.5 million light industrial and urban logistics development in Aulnay-sous-Bois, Greater Paris.
  • Off-market deal completed via a joint venture with an Asian institutional client under a separate account mandate.
  • Forward-funding structure with developer BT Immo to convert a former office building on a 23,000-sqm brownfield site.
  • Project targets 12,400 sqm across eight units in Greater Paris’ northern logistics area, near the A1 and A3 motorways.
  • Development targets BREEAM Excellent certification, with fossil fuel-free energy systems and photovoltaic-ready roofs.


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