Clarion Partners has completed the final close for Clarion Europe Sale-Leaseback Fund III, raising €552 million in equity. The vehicle provides about €1.1 billion in total investment capacity, with nearly 30 per cent already deployed or committed. Targeting commercial property across Europe, the fund acquires mission-critical assets via sale-leasebacks, existing leases and build-to-suit structures, while reporting under Article 8 of the EU’s Sustainable Finance Disclosure Regulation.
Clarion Partners Europe has bought a 116,800 sqm Grade A logistics facility in Amiens, northern France, from ESR Europe. Finished in 2023, the property is 74% let to 3PL operator ID Logistics for e-commerce fulfilment. Featuring strong sustainability specs, 112 dock doors, and direct motorway access, the asset gives Clarion scope to add value by leasing out the remaining available space.
