Wednesday, 5 November 2025
Union Investment has purchased a newly built logistics property in Buchelay, France, for one of its open-ended institutional real estate funds. The seller is the French investment company Weinberg Capital Partners. The parties have not disclosed the purchase price.
The 18,690-square-metre property, completed in 2025, is fully leased on a long-term basis to beverage distributor France Boissons. It is located in Parc d’Activité Mantes-Buchelay, a major mixed-use commercial area about one hour from Paris, with direct access to the A13 motorway connecting the capital and Normandy. The site also benefits from proximity to rail, river, and air freight routes.
According to Karim Esch, Chief Investment Officer and Member of the Management Board at Union Investment Real Estate GmbH, the acquisition aligns with the company’s investment focus on well-located, modern assets in established logistics markets.
The building consists of three units allowing flexible future use. It features a hybrid concrete, wood, and steel structure and includes a rooftop solar installation supplying electricity to the public grid. The property has received a BREEAM “Excellent” certification for sustainability.
Following a period of limited acquisition activity, the purchase marks Union Investment’s renewed investment activity on the buyer side. “The current phase of the market cycle offers opportunities to selectively expand institutional portfolios with properties that combine quality and value potential,” said Michael Kammerzell, Head of Institutional Real Estate Special Funds at Union Investment. The company plans at least two additional acquisitions for the same fund before the end of the year.
