The GROUPE IDEC, a leading real estate group in France and internationally, and the LŌ-GOI Group, an international essential real assets development and fund management company, announce the creation of a 50/50 joint venture. This first private fund of €400 million will be dedicated to the development of logistics and industrial projects across France. It will be structured around four key pillars: supporting industrial and logistical sovereignty, advancing the energy transition, promoting sustainable growth, and creating employment opportunities. A second fund, dedicated exclusively to data centers, will support the development of strategic digital infrastructures.
Two Partners, One Shared Vision
For more than 25 years, the GROUPE IDEC has stood out through its unique approach to real estate, with operations spanning the entire value chain — from land development, property promotion, design and construction, to investment, innovation, and energy — both in France and abroad. It is this aligned comprehensive vision that attracted the LŌ-GOI Group, a recognized international player in large-scale property development, fundraising, asset management, and investment management, with its senior leadership having over 30 years’ experience across key APAC markets with the development of over 13 million square meter GLA of warehouses and data centers, as it embarks on its expansion into Europe.
An Equally Owned Joint Venture with €400 Million in Capital Commitments
Established through a 50/50 partnership between GROUPE IDEC and GROUPE LŌ-GOI, this first private fund will invest up to €400 million in equity (representing up to €1.2 billion in total investment), enabling the creation of a large-scale French real estate portfolio fully controlled by both entities. In parallel, the two partners plan to launch a second fund dedicated exclusively to data centers, aimed at supporting the development of strategic digital infrastructures across France.
Three Priority Segments
The GROUPE IDEC and the LŌ-GOI Group share a common ambition to develop infrastructure that supports the future growth of France. Three areas will be prioritized, beginning with logistics and industrial real estate, which will serve as a key growth driver. These initiatives align with both the GROUPE IDEC and the LŌ-GOI Group’s strategy to support the reindustrialization of France, while the LŌ-GOI Group’s leadership team has supported the growth of various French & European logistics customers throughout APAC over the past two decades. In the future, data centers will also play a central role in this strategy, leveraging both groups track record in this emerging sector, addressing the challenges of data management and digital sovereignty. The joint venture is set to generate up to several thousand direct and indirect jobs nationwide, delivering significant economic opportunities and promoting domestic growth.
Responsible Fundamentals
Four core principles will guide the development of projects undertaken by this joint venture. Each will contribute, in its own way, to strengthening logistics & industrial and digital sovereignty while embracing a sustainable and responsible approach. All initiatives led by the GROUPE IDEC and the LŌGOI Group will incorporate renewable infrastructure solutions — including renewable power generation and storage, nature-based carbon offset solutions, electric mobility — and targeting net zero carbon objectives through sustainable construction methods and the redevelopment of brownfield sites.
A Medium-Term European Expansion
The GROUPE IDEC and the LŌ-GOI Group will initially focus on the French market. In the longer term, the partners aim to expand across Europe, leveraging their respective local presence, track record and established networks.
The GROUPE IDEC : A Key Player in France’s Reindustrialization
With this new investment fund, the GROUPE IDEC aims to strengthen its role as a key driver of reindustrialization in France and Europe. The Group has already supported numerous companies in developing their industrial facilities, including AVENTECH in southern France, the VERKOR INNOVATION CENTER in Grenoble and its Gigafactory in Dunkerque, as well as providing land lease commitments for GRAVITHY and ELYSE in Fos-sur-Mer.
Quotes
Patrice LAFARGUE, CEO & Founder of GROUPE IDEC
« This agreement marks a decisive milestone for the GROUPE IDEC. It will allow us to accelerate our contribution to the development of strategic infrastructure in France, combining our local presence and operational expertise with the LŌ-GOI Group’s international experience.»
Trent ILIFFE, Group CEO & Founder of the LŌ-GOI Group
« We’ve long held the ambition to establish a presence in Europe — not only to be closer to our investment partners, but also to better serve the many occupier customers we’ve grown alongside across Asia-Pacific. In GROUPE IDEC, we’ve found a partner that shares our entrepreneurial spirit, long-term vision, and deep technical expertise as well as a commitment to support our customers locally, cross border and during international expansion. Together, we can accelerate the delivery of world-class logistics and industrial infrastructure at a time when supply constraints in prime French locations and GROUPE IDEC’s extensive pipeline of shovel-ready sites create an exceptionally attractive investment environment.»
About the GROUPE IDEC
A leading real estate group comprising more than twenty specialized companies, the GROUPE IDEC operates in France and internationally to plan and develop sites, finance projects, deliver innovative energy solutions, and design and construct all types of buildings.
The Group positions itself as a responsible player in the energy transition and in limiting soil artificialization. It approaches each new project in collaboration with local authorities to revitalize territories by creating new living and working spaces. This commitment is reflected in its aim to contribute to the green growth of cities, businesses, and individuals, while aligning with sustainable, coherent, and pragmatic economic development objectives.
Key Figures:
- Founded: 2000
- Revenue 2024: €460 million
- Employees: 600 in France and + 1,500 worldwide
- Certified area: 3.5 million m²
- Land controlled or in development: over 1,000 hectares in France and internationally
- Real estate assets: €483 million
- Subsidiaries: 6 across Europe and Asia
- Annual construction volume: 700,000 m²
- Development and urban planning projects: more than 20 parks in France and abroad
About the LŌ-GOI Group
Why the LŌ-GOI Group
We are driven to exceed expectations. The LŌ-GOI Group is at the forefront of Essential Real Asset Infrastructure, specializing in logistics, digital and renewable sectors. With a strong focus on exceeding expectations, we create sustainable, essential real assets that drive growth. As one of the most innovative owners, developers and managers of essential infrastructure in Asia, we offer a vertically integrated service designed to help businesses grow.
The LŌ-GOI Group History
Today our team of over 60 experienced professionals manages a portfolio of prime logistics assets and estates across India and Vietnam, serving a combined population of 1.5 billion. This strategic blend of mature investments and developments represents ~US$1 billion in assets under management (AUM).
The LŌ-GOI India and Vietnam businesses originated as part of LOGOS Property, a leading platform specializing in logistics, data centers, and renewable energy, Co-Founded by Trent Iliffe. Trent was instrumental in establishing LOGOS Property1, which over 15 years raised and managed 40 funds with ~US$30 billion AUM across 10 countries. The India and Vietnam teams have maintained the same experienced leadership led by Aaron Murray, Mehul Shah and Glenn Hughes, since their inception, ensuring continuity and deep local market expertise.
Our unique approach is rooted in a deep understanding of local markets, cultivated through years of organic platform-building from the ground up. By combining local expertise with regional insight, we ensure seamless execution and deliver exceptional results for our partners and stakeholders.
Sustainability and innovation are at the core of our mission. We integrate renewable energy solutions, carbon reduction strategies, and green building standards into our projects, while leveraging advancements in digital infrastructure, automation, and AI to stay ahead in an evolving industry landscape.
Notes:
1. Following the acquisition of LOGOS Property by ESR Group, the LŌ-GOI businesses in India and Vietnam now operate independently and are no longer associated with ESR Group.