Clarion secures €30m loan for Paris logistics development

Clarion Partners Europe has closed a €30 mln senior development loan and a circa €8 mln VAT facility from Caisse d’épargne Ile-de-France (of French banking group BPCE) and a separate account managed by AEW, the global investment manager, to fund the construction of a Grade-A warehouse in Reau, 40 kilometres south east of Paris.

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