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.
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.
Patrice LAFARGUE, CEO & Founder of GROUPE IDEC
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 LŌ-GOI 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.
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.
Trent ILIFFE, Group CEO & Founder of the LŌ-GOI Group
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.