La Tribune | Partner Article, June 28, 2024
FIRE: For the Development of Sustainable Industrial, Logistics, and Peri-urban Real Estate in France!
Leveraging its 360° expertise covering all aspects of industrial, logistics, and business park real estate, and its two complementary business lines — development and investment — FIRE offers comprehensive support in the sustainable peri-urban real estate market, with the promise to reduce the carbon footprint of industries in France and to produce green energy.
FIRE, the New Key Player in the Sustainable Peri-urban Real Estate Market in France
Its development activity already boasts impressive references, such as the completion in less than a year, amidst a shortage of raw materials, of an XXL platform of 100,000 m² in Ablaincourt-Pressoir, sold off-plan and 75% leased upon delivery to Intermarché, or the ten-month development of an industrial turnkey project for Renault in Meyzieu, on the outskirts of Lyon.
Today, the group controls nearly 140 hectares of land, a large part of which consists of industrial brownfields, which will allow for the development of nearly 600,000 m² of floor area in the next three years.
A Company Born from a Shared Vision
FACTOR’INDUSTRY REAL ESTATE was born in 2020 from the meeting of two experienced real estate professionals, Louis d’Arexy and Julien Mongoin, sharing the same human values and a common entrepreneurial drive.
More than ever committed to the fundamentals that define FIRE's value — agility and speed of execution — the two partners staunchly defend their DNA focused on people and the environment.
Surrounded by a human-sized multidisciplinary team, numerous trusted partners and a strong local network, FIRE offers innovative and high-performing real estate strategies meeting the expectations of user clients, investors, or local authorities.
Innovating and Performing for a Sustainable Future
"The challenges ahead require us to innovate and perform on all issues, whether it's the use of bio-sourced materials or innovative products and processes to reduce the carbon footprint of our industry and also to produce green energy. To date, we have also completed the largest rooftop photovoltaic power plant installed in France." states Julien Mongoin, co-founder of FIRE.
Comprehensive Expertise and a Growing Asset Management Division
FIRE also has a strong foothold as an asset manager, with a portfolio of nearly 500,000 m² on behalf of institutional investors across CORE / CORE+ / Value Add strategies.
"Thanks to our diverse expertise — financial, technical, environmental, rental, and legal — we are able to reassure all investors looking to enter the French market. We intend to develop this activity on a larger scale and have, to this end, definitively launched our new division dedicated to Asset Management." states Louis d’Arexy, co-founder of FIRE.
A Confirmed Ambition
Given the enthusiasm of its clients, FIRE is more than ever confident in its strategy and intends to accelerate the development of sustainable industrial, logistics, and peri-urban real estate in France.
