Harbert European Real Estate, Aire Capital Partners forward-fund Paris business park development

  • HMC’s Harbert European Real Estate platform, with Aire Capital Partners, forward-funded an 8,700-sq-m business park development in Limeil-Brévannes, near Paris.
  • Deal structured as a property development agreement with Gefec; acquired from Avenir Développement; financial terms were not disclosed.
  • Construction is under way; completion targeted for Q3 2027; project comprises eight multi-let buildings for light industrial and office use.
  • Harbert said its French business park footprint now exceeds 120,000 sq m following the transaction.


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