In July 2021, Hines acquired a portfolio of 11 logistics assets spanning 350,000 square meters (3.8 million square feet) across France on behalf of its Hines European Value Fund 2.
The portfolio is leased to Auchan, one of France's leading grocery retailers and distributors. The 11 assets are located in Paris, Bordeaux, Clermont-Ferrand, Lyon, Nîmes, Strasbourg, Tours and two sites apiece in the Amiens and Lille regions respectively. Hines France will manage the assets.