Franklin advises Panattoni on its first investment in France
Franklin has advised real estate logistics developer Panattoni on setting up a joint development partnership with ADM, a company that specializes in the remediation and upgrading of brownfield sites.
Identified by ADM, the Allonne Saint-Mathurin site consists of 10 ha of industrial land and 5 ha of agricultural and natural land with immediate access to the A16 highway. The buildings, which fell into disuse several years ago, are to be demolished and recycled in situ and the industrialized area is to be remediated. The construction of a 45,000 sq.m. cutting-edge logistics center will be launched in the summer of 2022.