Union Investment acquires French logistics hub

Union Investment has re-entered the market as a buyer, acquiring a new logistics center in Buchelay, France, about an hour from Paris. 

Buchelay

This strategic purchase, known as CINETIQ, was made from Weinberg Capital Partners.
The acquired property is a modern logistics hub within the Parc d’Activité Mantes-Buchelay, a significant commercial area. It's fully leased long-term to France Boissons (part of the Heineken Group), a beverage distributor. 
The location boasts excellent transportation links, including the A13 motorway and access to rail, river, and air freight. The facility itself is a nearly 19,000 m2 building on a 50,000 m2 plot, featuring 29 loading docks and high environmental standards, holding a BREEAM "Excellent" certification.
Union Investment CIO, Karim Esch, stated: "The property is a perfect fit for our investment strategy, combining strong fundamentals with an excellent location near Paris, one of Europe's most attractive and resilient logistics markets. The acquisition of this core property reflects our continued confidence in the French logistics sector and our commitment to building a high-quality, sustainable portfolio." 
Michael Kammerzell, head of Institutional Real Estate Special Funds, commented: "Real estate remains an integral part of institutional investors' strategic asset allocation, and pricing in many markets for properties with good substance is functioning again. The early market cycle we are currently in offers attractive investment opportunities and potential for value appreciation. Together with our institutional investors, we are taking advantage of the current market environment to rejuvenate and strategically develop the property portfolio of our special fund."
Jean-Philippe Olgiati, partner and managing director of Real Estate at Weinberg Capital Partners, added: “This transaction demonstrates our ability to execute high-quality deals in an environment marked by constrained liquidity. In partnership with Diderot Real Estate, we successfully delivered a landmark project that stands as a benchmark in the French logistics market in 2025. We remain committed to our investment strategy focused on creating value from prime assets in France — across offices, logistics, retail, residential, and hospitality.”
For Weinberg Capital Partners, this sale demonstrates the success of their CINETIQ project, which was their first logistics investment for the WREP#3 real estate fund, acquired in March 2024 and delivered in spring 2025 in partnership with Diderot Real Estate.