GLP Europe, now a part of Ares Management Real Estate, is making significant strides in the French logistics market, announcing the signing of four major new warehouse leases that collectively span approximately 50,000 m².
These strategic agreements involve prominent industry players such as Jingdong Logistics, Maersk, Courir, and Distri Cash, securing prime logistics spaces in crucial regions including Hauts-de-France and Centre-Val de Loire.
This move reinforces GLP's commitment to delivering high-quality, adaptable logistics solutions to support the evolving needs of businesses across France.
Details of GLP's new logistics leases in France
These latest leases highlight GLP's diverse portfolio and its ability to attract and retain leading businesses across various sectors. The agreements span four key locations, each offering unique strategic advantages for efficient distribution and supply chain management.
Jingdong logistics secures 12,000 m² at Ablaincourt
Jingdong Logistics, a subsidiary of the Chinese e-commerce giant JD.com, has signed a lease for 12,000 m² at GLP Park Ablaincourt. This strategically located site, situated near the A21 and A29 motorways, provides excellent connectivity between major hubs like Lille and Paris, making it an ideal choice for streamlining e-commerce distribution networks. The Ablaincourt park offers a substantial 101,000 m² of space, with significant capacity for further expansion.
Maersk completes GLP Park Denain with 25,000 m² for Amazon Operations
The global shipping and logistics giant Maersk has finalized a lease for the remaining 25,000 m² at GLP Park Denain, as previously announced in April. This agreement means the Danish group now occupies the entirety of the 100,000 m² facility, which is dedicated to supporting Amazon's extensive logistics operations. This fully occupied site underscores its vital role in regional distribution.
Courir expands retail footprint with 8,300 m² build-to-suit in Châteauroux
To accommodate its continued growth, sneaker retail specialist Courir is expanding its presence at GLP Park Châteauroux. This expansion includes the construction of an 8,300 m² build-to-suit cell, designed to meet their specific operational requirements. Upon completion, the Châteauroux site will boast nearly 26,000 m² of modern logistics space, providing Courir with enhanced capacity for its retail distribution.
Distri Cash establishes key hub at Orléans Logistic Park 1 in Ormes
Distri Cash, a leading wholesaler and distributor of automotive tires, has secured a 4,000 m² lease at Orléans Logistic Park 1 in Ormes. Positioned within the region's primary logistics zone, this critical distribution hub in Loiret offers excellent connectivity, including direct access to Paris via the A10 motorway, making it an optimal location for efficient automotive supply chains.
GLP's commitment to robust and flexible logistics solutions
These recent lease signings are a testament to GLP's strategic vision and its strength in the European logistics real estate market. Philippe Graziani, Managing Director at Ares Real Estate, commented on the significance of these agreements: “These leases, signed with both new clients and historical partners, confirm the robustness and quality of our logistics portfolio.
They also illustrate our capacity to offer tailored and modular solutions, perfectly adapted to the evolving needs of our clients, in line with the growth of their activities.” This statement underscores GLP's dedication to providing flexible and scalable warehouse solutions that can adapt to rapid business expansion and changing market demands.
As businesses increasingly seek efficient and well-located logistics infrastructure to support their supply chain strategies, GLP, through Ares Management Real Estate, continues to be a premier partner in France. With a robust portfolio and a client-centric approach, GLP offers the ideal environment for companies looking to optimize their distribution networks and fuel their growth in key European markets.
Source: voxlog.fr
