Deka Immobilien has sold two logistics halls located in the Paris metropolitan area from one of its special funds. The buyer is an institutional investor. The sale price was not disclosed by the parties involved. The first property, situated in Saint Witz, was built in 2002 and offers more than 28,000 square metres of leasable space along with 131 parking spaces. The facility is fully leased to Global Services Automotive, a supply chain specialist. Located approximately 35 kilometres north-east of Paris and near Charles de Gaulle Airport, the property has been part of the fund’s portfolio for ten years. The second asset, located in Brie Comte Robert about 30 kilometres south of Paris, includes Halls A and B, which together provide over 40,000 square metres of space and 224 parking spaces. Hall A is fully occupied by La Poste, while Hall B is leased to Portmann Logistics. Constructed in 2003 and 2004, the property has been held in the fund for nearly 15 years. Both assets are certified under the BREEAM standard for sustainable construction. The transaction reflects Deka Immobilien’s strategy of capitalising on favourable market conditions to optimise the fund’s portfolio. The decision to sell follows the natural lifecycle of the properties, as they approach the end of their initial holding period and lease terms.