Béziers


Béziers is a development project of a 50,000 sqm logistics platform on a 11 hectares land plot. The platform meets the latest specifications for a Grade A product including a wide range of operating licenses, and a BREEAM Very Good certificate. It is also possible to accommodate a solar plant on the roof.

Located in Béziers, in the Occitanie region, it benefits from a direct and immediate access to the A75 (Paris) and A9 (Toulouse, Barcelona, Lyon, Marseille and Italy) motorways.

Acquired off-market in October 2021 by way of a speculative forward funding contract (VEFA) on behalf of a joint-venture between Mass Mutual Insurance and Mubadala, managed by Barings Real Estate, the platform was sold in July 2022 to Lidl prior to completion in November 2022. Subsequently Lidl will execute some additional work for its own use.

More Details

Location: Béziers, Occitanie Region

Asset class: Logistics

Land plot area: 109,884 sqm

Total area: 50,409 sqm

Green certificates: BREEAM Very Good

Tenant: Lidl

Acquisition date: October 2021

Delivery date: November 2022

Risk: Value-Add