Canadian and British funds join forces in France and Germany

As revealed by Business Immo on July 31, Boreal IM has acquired the Pâris portfolio as part of a joint venture with the Ontario Teachers' Pension Plan (Teachers'). The two partners made it official today in a press release describing the portfolio sold by CBRE IM, which includes an 84,000-square-meter warehouse in Bussy-Saint-Georges on the A4 freeway, a 42,000-square-meter warehouse located in Lagny-sur-Sec and a 23,000-square-meter logistics center between Paris and Lille, in Canly.