Gecina, a listed French real estate firm, said it had acquired a 90,000 m[sup]2[/sup] logistics portfolio from the Mory Group, a French freight-forwarding and logistics operator. The portfolio covers 11 freight-forwarding platforms and two industrial properties in the Greater Paris Region. Gecina said the entire portfolio is leased to the Mory Group under long-term leases. The move takes Gecina’s logistics portfolio up to nearly 640,000 m[sup]2[/sup] of leased space, with a further 300,000 m[sup]2[/sup] under development.
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