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    GLP announces lease of 12,200 sq m extension at Amblainville, to CMP group

    GLP announces lease of 12,200 sq m extension at Amblainville, to CMP group

    3rd Februar 2021

    GLP, a leading investor and developer of logistics warehouses and distribution parks, today announces the completion and lease of a 12,200 SQ M extension to its warehouse in Amblainville to CMP Group.

    The extension follows the acquisition of a 50,600 SQ M warehouse in July 2018, which was leased on a nine-year term to CMP Group, a major import-export and product development company specialising in home furnishings. The customer is expanding its leased area at Amblainville from 50,600 SQ M previously.

    The warehouse is ideally located in the Oise area of Amblainville, 55 KM north-west of Paris on the A16 motorway, which connects Paris to the North of France.

    Philippe Graziani, Senior Director Investment & Asset Management at GLP France, said: „This extension follows a succession of strategic transactions aimed at increasing our portfolio in France. With the same objective in mind, we expect to finalise further acquisitions in the coming months.”

     

    Ends

     

    Press contact:
    Caroline Ferlande
    Group Marketing Manager – Europe
    +33 1 44 43 49 50
    caroline.ferlande@glp.com

     

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