M&G Real Estate buys French food logistics assets for €86 million

Reuters2026/07/23 07:02

By:Reuters

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M&G bought two French food logistics assets for EUR 86 million for its EUR 5.2 billion M&G European Property Fund.
Portfolio includes a cold-storage facility in Montsoult near Paris leased to Intermarché’s ITM Logistique Alimentaire.
Also acquired a Grade A warehouse in Noves near Avignon leased to organic retailer Biocoop.
Properties carry long-term, inflation-linked leases; Montsoult refurbishment targets BREEAM Excellent completion in October 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. M&G plc published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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M&G Real Estate buys French food logistics assets for €86 million

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