Intervest strengthens its footprint in the French logistics market with the acquisition of a logistics portfolio from Ofi Invest Real Estate
Acquisition
Intervest announces the acquisition of a logistics portfolio from Ofi Invest Real Estate, on behalf of one of its client. This transaction significantly expands Intervest’s presence in France and marks the company’s second strategic acquisition in the country, following its earlier entry into the French market through a partnership with Virtuo Industrial Property.
A high-quality logistics portfolio in strategic French locations
The Logistics portfolio consists of five modern Grade-A logistics properties, strategically located across key French logistics corridors:
- Lyon (Saint-Quentin-Fallavier & La Verpillière)
- Troyes (Buchères)
- Angers (Verrières-en-Anjou)
- Toulouse (Saint-Jory)
Together, the assets comprise approximately 140,000 m² of logistics space and are fully leased to a diversified roster of five established tenants active in sectors such as retail, lifestyle, agriculture, and transport.
The portfolio offers 100% occupancy, stable long-term rental income, and attractive reversion potential, with current rents below market levels in several supply-constrained regions.
Strategic expansion in France
This acquisition marks a further expansion of Intervest’s presence in France following its earlier partnership with Virtuo Industrial Property. It strengthens Intervest’s positioning along some of France’s most sought-after logistics corridors, characterised by low vacancy, strong tenant demand, and long-term growth prospects.
“This acquisition underlines our ambition to strengthen and expand our footprint in strategic European logistics markets,” says Joel Gorsele, CEO of Intervest. “With high-quality, income-producing assets in France, we continue to execute on our vision of a resilient, sustainable, and diversified logistics platform across Europe.”
Geoffroy de Guibert, Country Director France for Intervest, adds:
“This acquisition is a unique opportunity to grow our platform in France with Grade A modern and generic assets located in supply-constrained markets. As our second acquisition in the country, it further solidifies our commitment to building a strong and sustainable presence in the French logistics landscape.”
ESG potential and long-term value creation
The properties offer clear opportunities for ESG enhancements, including improvements in energy performance, building management systems, and potential solar PV installations. These initiatives support Intervest’s long-term sustainability strategy.
About Intervest
Intervest is a trusted partner in logistics real estate, founded in 1996. With clear communication, short decision lines, and a hands-on approach, Intervest delivers efficient and reliable logistics real estate solutions in strategic locations across Europe. The company focuses on the development, acquisition, and management of high-quality, sustainable distribution centres designed to meet the evolving needs of modern supply chains.
Intervest’s portfolio is characterised by strong functionality, modern design, and a clear commitment to environmental responsibility. Backed by TPG, Intervest benefits from long-term capital and the resources required to support its ambitious growth strategy, enabling the company to build a resilient, future-proof, and diversified logistics platform across Europe.
About OFI Invest
Ofi Invest Real Estate is the real estate division of the Ofi Invest group, one of France’s leading asset management groups, with €206.9 billion in assets under management as of end-June 2025. Ofi Invest Real Estate operates across the full real estate value chain, including fund management, investment, development, asset management, and property management.
The company manages €10.7 billion in gross real estate assets across six European countries and follows a strong commitment to sustainable development and Socially Responsible Investment (SRI), integrating Environmental, Social, and Governance (ESG) criteria into all its investment decisions.
