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July 05, 2023 |

Logicor, a leading owner, manager and developer of logistics real estate in Europe, has leased c.40,000 sqm to a new customer – a leading European provider of toys and children's entertainment at Logicor Houplines Logistics Park (North), France.

The current site will undergo redevelopment to join two of the existing assets, creating one space from which the customer can run its distribution operation. In total, the customer will lease c.45,000 sqm of space.

Logicor Houplines Logistics Park is 14km northwest of Lille and has direct access to the key A25 motorway network, which reaches across Northern France and mainland Europe, enabling the customer to efficiently deliver its products to consumer stores and homes.

The demand for well located logistics sites is as strong as ever, and we are delighted to have welcomed a new customer to our portfolio and to establish a long-term relationship with them.

By extending our site, we have been able to make better use of the land area located in a brilliant position as well as introduce measures that will improve the sustainability of the building."

Laurent Dubos

Country Manager of Logicor France

In the very heart of the Metropole Européenne de Lille (MEL), an area where demand for well-located logistics assets outpaces supply, Logicor Houplines Logistics Park is part of the dynamic Les Moulins de la Lys business park, a major economic hub with over 25 companies and generating more than 700 jobs.

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About Logicor France
Logicor is one of the largest owners and operators of modern logistics and distribution properties in Europe. As at 30 June 2023, we own a portfolio of 591 high-quality properties with a lettable area of 20 million square metres located in key European logistics markets. Logicor is headquartered in London and Luxembourg.