Aviva Investors has agreed to forward fund the development of a brand new logistics center in north-west France, as it continues to build out its European real estate strategy.
The pre-let development is located in the Grand Ouest region of France and sits 20 kilometers (tk miles) south of Rennes within the newly established submarket of Janzé, one of the main logistics corridors in France and home to a number of international food and agribusiness companies.
When complete, the new scheme will provide more than 30,000 square meters (tk square feet) of class A warehouse and office space. It has been designed to adhere to high technical standards, whilst also targeting a BREEAM ‘Excellent’ certification and EPC ‘A’ rating. It will make use of air source heat pumps for internal and water heating, whilst also including rooftop photovoltaic capacity, to support ongoing energy needs.
Developed by Primelog, it is expected to be completed at the end of 2025 and