M&G Real Estate buys French food logistics assets for €86 million

M&G Real Estate acquired two French food logistics assets for €86 million, adding them to its €5.2 billion M&G European Property Fund. The portfolio includes a cold-storage facility in Montsoult leased to Intermarché’s ITM Logistique Alimentaire and a Grade A warehouse in Noves leased to Biocoop. Both properties feature long-term, inflation-linked leases, with the Montsoult site undergoing refurbishment targeting BREEAM Excellent status by October 2026.

M&G bought two French food logistics assets for EUR 86 million for its EUR 5.2 billion M&G European Property Fund. * Portfolio includes a cold-storage facility in Montsoult near Paris leased to Intermarché’s ITM Logistique Alimentaire. * Also acquired a Grade A warehouse in Noves near Avignon leased to organic retailer Biocoop. * Properties carry long-term, inflation-linked leases; Montsoult refurbishment targets BREEAM Excellent completion in October 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. M&G plc published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here