AEW Europe, one of the world’s largest real estate investment and asset managers[1], announces that it has agreed to forward-fund the development of a new Grade A logistics platform in Cavaillon, France, from Faubourg Promotion.
Once completed, the platform will feature 21,700 sqm of space built to high specifications, fully pre-let to Aroma-Zone, a rapidly growing French company specialised in the organic cosmetics sector, under a 10-year lease. The asset will also include 1,200 sqm of offices and quality laboratories designed to support the occupier’s operations and will be equipped with a cold storage area of 2,000 sqm, maintaining temperatures between 2°C and 8°C.
Faubourg Promotion (IDEC Group) will act as the developer for the asset, which is expected to be completed in September 2026. The site is designed to meet the highest technical and environmental standards, targeting BREEAM Excellent and BiodiverCity certifications. It will incorporate heat pumps and photovoltaic panels, with a portion dedicated to self-consumption[2].
Located along the A7 corridor, near Grand Avignon Metropole, the development is strategically situated in a national logistics hub at the crossroads of the Rhône Valley and Provence-Alpes-Côte d’Azur.
Alexandre Petitpré, Executive Director, Investments France at AEW Europe, commented: “Forward-funding this new Grade A logistics platform in a key logistics market in France provides diversification while securing long-term, index-linked income from an institutional-grade occupier. There continues to be strong demand for logistics space in established hubs across the French market, particularly in selected micro-locations. The best-in-class specifications, the sustainability credentials of this development, and its prime location align perfectly with our strategy.”
AEW Europe was advised by Etude Monassier, Gide, IREO, ICF-Antea and Elan.
Photo credit: ©Faubourg Promotion 2024.
[1] Source: 2025 IRE.IQ Real Estate Managers Guide”. The Guide, published annually by Institutional Real Estate, Inc., ranks real estate managers based on the gross value of real estate AUM ($m) as of December 31, 2024.
[2] Additional information on ESG practices is available upon request.
About AEW
AEW is one of the world's largest real estate asset managers, with €73.4bn of assets under management as at 30 September 2025[1]. AEW has over 830 employees, with its main offices located in Boston, London, Paris and Singapore and offers a wide range of real estate investment products including comingled funds, separate accounts and securities mandates across the full spectrum of investment strategies. AEW represents the real estate asset management platform of Natixis Investment Managers, one of the largest asset managers in the world.
As at 30 September 2025, AEW managed €35.6bn of real estate assets in Europe on behalf of a number of funds and separate accounts. AEW has over 515 employees based in 11 offices across Europe and has a long track record of successfully implementing Core, Value-Add and Opportunistic investment strategies on behalf of its clients. In the last five years, AEW has invested and divested a total volume of almost €14bn of real estate across European markets.