Swiss bank in pole position for €106m French logistics portfolio

Swiss bank in pole position for €106m French logistics portfolio

A French logistics portfolio worth €106m is set to be acquired by a Swiss bank. The 122,000 sq m collection consists of assets near Paris, Lille, and Orléans. The deal comes as CBRE trims its UK business and Muse sells off the final part of its Cheadle Royal site. BWP REIT opts against an alternative listing, and Cushman expands its team in Leeds with a senior capital markets hire.

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Q: What is the news about the Swiss bank and the French logistics portfolio?

A: The news is about a Swiss bank being in pole position to acquire a €106m French logistics portfolio.