(Paris, 10 November 2026) - P3 Logistic Parks (“P3”), a long-term investor, developer and manager of European logistics real estate, has signed a long-term lease with Geodis for two units totalling 12,385 m² at P3 Dagneux, in the Ain department.
A subsidiary of the SNCF Group and France’s leading transport and logistics company, Geodis was already present on the site, where it will develop its operations on behalf of its customers. The deal reflects P3’s model : build long-term partnerships with its customers and keep them in buildings that meet their operational needs as they evolve. It also confirms the appeal of the Lyon market, one of France’s most dynamic for logistics property, and strengthens P3’s presence in Auvergne-Rhône-Alpes, where the company manages several sites near Lyon and in the Rhône Valley.
A strategic location on the Lyon–Geneva axis
Built in 2017, this Class A building sits along the A42 motorway, close to its junction with the A432, and offers quick access to Lyon and to cross-border markets.
Adrien Beuriot, Managing Director of P3 France, said:
“This agreement builds on our existing partnership with Geodis and is exactly how we want to grow in France. Dagneux puts occupiers at the heart of France’s second-largest consumer market, with fast access to Geneva and a strong logistics labour pool. We listen closely to our customers, adapt our solutions as their needs change, and take a long-term view of every asset we own. When a customer like Geodis chooses to stay and grow with us, it shows that this approach delivers.”
“This new site at Dagneux is part of GEODIS’s development drive in the Lyon region. It provides additional capacity to support the growth of our activities and meet our customers’ needs, while strengthening our presence in a strategic area,” added Michel Javaux, Regional Director Rhône-Alpes, GEODIS Distribution & Express.
New space available in 2027
Other companies will soon be able to follow the same path. From April 2027, P3 will offer around 18,000 m² to let in a building backing onto the one occupied by Geodis, providing room for new occupiers or for existing tenants to expand.
P3 in France: disciplined growth at scale
The Dagneux lease comes at a pivotal moment for P3 in France. In October 2026, P3 took over the management of a logistics portfolio of around 850,000 m². This doubled its French business to approximately 1.4 million m² across 53 assets, giving it critical mass in France’s core markets of Greater Paris, the Lille metropolitan area and the Lyon region.
The step follows several years of sustained, selective growth:
Camelia portfolio (2023): P3 acquired five fully leased assets in Lyon, the Rhône Valley and the Paris region, including the Dagneux park.
Grand-Couronne, near Rouen (2024): P3 delivered its first development in France, a 19,000 m² parcel sorting platform for La Poste Immobilier. It is certified BREEAM Excellent and meets around 80% of its heating needs with geothermal energy.
Courthézon (2025): P3 acquired a 56,000 m² logistics asset near Avignon.
Rhône Valley: P3 signed long-term leases at Saint-Quentin-Fallavier and Saint-Rambert-d’Albon.
Persan, Val-d’Oise: P3 is developing a 44,000 m² Class A warehouse on a 12-hectare site with direct access to the A16 and N104. Delivery is expected by the end of 2026.