"This new high-quality acquisition marks the start of a new era for P3 in France, where we are seeking to acquire buildings with excellent environmental credentials. P3 is the first logistics developer in the world to have signed the United Nations Global Compact, the largest sustainable development initiative in the world, so purchases like this are completely in keeping with our aspirations and values,“ commented P3 Chief Executive Officer Ian Worboys.
"This investment matches our development requirements perfectly, we are always looking to increase our portfolio with the acquisition of Grade A buildings let to first class customers," said Andrew Stacey, Chief Operating Officer at P3.
Thomas Hamelle, Chief Executive Officer of the Orchestra Group, stated: "We are delighted to have P3 as our landlord, it’s a company of real substance which will work with us as our business develops. The professionalism of the P3 teams quickly convinced us that it will be a quality partner."