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Situated near Bourges and acquired through a VEFA agreement in 2022 by TwentyTwo Real Estate on behalf of TwentyTwo Real Estate Fund lll, the GreenBerry XXL logistics platform was delivered and handed over on Wednesday, 31 January, with its entire surface area pre-let.

GreenBerry had already secured Haier, the world’s leading household appliance manufacturer, with the signing of a 12-year fixed lease for 46,341 m². The platform has now finalised the rest of its floor space, welcoming a second tenant, a flagship of European industry, with another firm 12-year lease covering 33,011 m².

TwentyTwo Real Estate acquired the nearly 80,000 m² platform, located at La Chapelle Saint Ursin near Bourges (Centre-Val de Loire), in the summer of 2022 to meet the growing demand in France for large, class A warehouses equipped with the latest technical and environmental specifications. Its location on the A71, at the heart of the territory, offers a strategic advantage for companies of European stature.

Nicolas Lutgé, Director of Tertiary Asset Management at TwentyTwo Real Estate, comments: “We are delighted to have sold the entire site in advance of delivery, demonstrating GreenBerry’s outstanding qualities. By combining operational performance, location, and sustainability, this logistics platform is a prime example of an asset contributing to industrial competitiveness in France.

GreenBerry is BREEAM Very Good certified and complies with the commitments of the Afilog charter. Starting in 2025, the site is set to house an 8.6 MWh solar panel power plant on its roof, and the car parks will also be equipped with photovoltaic canopies, with the electricity generated being used by tenants to help reduce the carbon footprint of their supply chain.

Following this lease-up, TwentyTwo Real Estate will plant 8,000 trees in France. As part of its commitment to protecting biodiversity and in line with its ESG approach, the Group has pledged to support Reforest’Action’s forestry projects by assisting in the financing of tree planting for all sales of surface areas of assets held by its funds under management.

About TwentyTwo Real Estate

TwentyTwo Real Estate is an independent real estate investor-operator with €4.8 billion of assets under management in Europe. Founded in 2012 by Daniel Rigny, the group combines financial expertise and operational excellence to offer its institutional and private clients a range of value-accretive investment solutions and management services across all real estate asset classes. TwentyTwo Real Estate’s mission is to build sustainable value for its investors, clients and employees, while having a positive impact on society and the environment.

Press contact
TwentyTwo Real Estate
Dina Sanches – Communication Manager
M + 33 (0) 6 22 59 09 19