I just read in Usine Nouvelle that 12 000sq. meters are planned to be built near the Aker Yards of Saint Nazaire in order to extend the logistic platform of Arcelor Mittal and thus reach a global surface of 50 000sq. meters.
According to Patrick Gastineau, Chairman of the company: “The Arcelor Mittal distribution platform of Saint Nazaire is of great importance for the group in France”.

Arcelor Mittal, more information

ED will set up a logistic platform of 21 000sq.meters in Angers by 2009. This platform is for the distribution of 40 ED shops in Western France.
The hosting site is at Saint Barthélémy d’Anjou, on the East side of Angers within the “parc d’activités Angers Est”. The site is directly connected to highway A11 (Paris-Nantes) and A87 (Angers-La Roche sur Yon).
150 jobs are said to be created at the beginning.

More info about ED

April 2007: +11 000 sq.meters are planned for the LE ROY logistic platform of Les Herbiers, in Western France. The investment is about 5 million euros. Les Herbiers is located along highway A87 in between La Roche sur Yon and Angers.

The LE ROY group has its head office in Rennes and employs about 400 persons with 90 000 sq.meters of warehouses over 13 sites in France. Its turnover is about 70 million euros.

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the official video :

I just came back from the SITL in Paris (International logistics solutions show) where I prospected for the regions of Pays de la Loire and Poitou-Charentes. I was surprised (and happy !) to see that the western part of France is becoming an increasingly interesting region for new investors. The historical line (Lille, Paris, Lyon, Marseille) being crowded, the western part of France offers a good intermediary solution for new investors.

my figures as an FDI advisor ? : 10 meetings with potential investors with projects on a short, medium or long term basis and many, many good contacts. I admit that there was a very good attendance at the show. If the long edition (the SITL mixes every other year a short and a long edition) is as interesting as the short one, 2008 promises to be pretty good.

Were you there ?

Logistic companies dreamt about it, TLF and TL&Associés made it true : the index on the logistic costs exists and is updated every quarter.  It gives a general trend (with seperate heading of costs) on the economic model of a warehouse and covers the whole of the logistic activities (transport excluded).

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Logistics real estate advisors expect rents to increase in 2007 in France. Rents are considerably low compared with those in UK or northern Europe, and they are even lower in the western part of France. In Western France, they range from 40 to 49€/sq.m./year… not bad ! Read the rest of this entry »