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Hines European Value Fund 2 Clinches 11-Asset French Auchan Logistics Portfolio

Sale-and-Leaseback Transaction for Project Optimus Marks Fund’s First Deal in France
The assets will be leased to Auchan on nine-year terms from the date of disposal. (Source: Hines)
The assets will be leased to Auchan on nine-year terms from the date of disposal. (Source: Hines)

Hines has closed a deal to buy 11 logistics assets in France from Auchan Retail Logistics in a nine-year sale and leaseback deal as it expands the fund's footprint in logistics.

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