en.Wedoany.com Reported - U Logistique, the logistics branch of Coopérative U, signed a forward sale contract (Vefa) at the end of May to build a ambient-temperature logistics platform of over 56,000 square meters in Magny, Yonne, France. The project is being developed by Lyon-based real estate company Stonehedge through its joint venture Megalithe with private equity firm Omnes Capital.
The platform is adjacent to a cold storage warehouse. This warehouse, built ten years ago, was acquired earlier this year from diversified distribution group Schiever. It had already been supplying dozens of Coopérative U stores, and after the acquisition, 180 employees were integrated. Coopérative U is a family-owned business with over 220 stores in food, home improvement, textiles, and sports, operating around 15 major brands. Last year, Schiever joined Coopérative U.
Construction of the ambient-temperature warehouse, undertaken by GSE, has already begun in Magny and is expected to be completed within a year. At that point, U Logistique will have a logistics hub capable of covering most product categories for stores in the region. Previously, the area lacked logistics facilities to support the development of the U brand. The new platform is conveniently located near the Avallon exit of the A6 highway, offering excellent transport accessibility.
The project was initially planned by Stonehedge to develop 77,000 square meters on 16 hectares, but it has now been fully acquired by U Logistique. To better meet actual needs, the logistics area has been reduced, and the heavy truck zone has been adjusted to accommodate the freight volume of a large retail base. The project also includes a dedicated unit for flammable liquids. It aims to achieve Breeam Excellent certification and the BiodiverCity label, and will feature a photovoltaic power station covering all available roof space, managed by Stonehedge's subsidiary Stonehedge ENR, which celebrates its 15th anniversary this year.
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