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Simmons & Simmons advises Gazeley on the acquisition of new warehouses

06 Oct 2018

The Paris office of the international law firm Simmons & Simmons advised Gazeley, GLP's European platform, on the acquisition of a logistics fleet of three warehouses.

The three assets consist of two warehouses of 20,000m² each, and a 42,000m² warehouse, strategically located in the town of Saint-Martin-de-Crau, between the A7 and A54 motorways. This allows quick and easy access to the port of Marseille, near to which lies Gazeley’s, hitherto sole, warehouse in Fos-sur-Mer, measuring 24,000m².

Patrick Gerry, partner in charge of the case, said: “We are delighted to have advised Gazeley on this outstanding project, which perfectly illustrates the firm's ability to understand the challenges facing its clients, and to support them in the optimization of their strategy, growth and asset performance, particularly in the logistics asset class in which we support several leading players.”

The Simmons & Simmons LLP team was led by Patrick Gerry (partner) and was assisted by Constance Guillaume, Sarah Copeland and Anaïs Fromaget.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Real Estate & Construction
News Category
Real Estate & Construction
M&A