France's Aden Group initiates new projects to enhance smart park services

A signing ceremony for Aden Group's new projects in Wuxi is held. [Photo/WeChat account: xinwu_wx]

French-based Aden Group signed two projects in Wuxi on June 3, marking a new step in its efforts to integrate asset securitization with artificial intelligence-driven industrial park services.

The projects include the establishment of the group's China headquarters for industrial REITs and a physical AI and robotics innovation platform for industrial parks.

Aden Group is a distinguished leader in the field of facility management and the operation of industrial parks. The Schneider Electric Green Smart Industrial Park, located in Wuxi and under Aden Group's investment and management, commenced operations in January of this year.

The newly signed REITs project will initially include assets from the Schneider Electric park in Wuxi and an automotive components industrial park in Xi'an, Northwest China's Shaanxi province. The two parks represent a combined investment of more than 1.5 billion yuan ($221.4 million), while the REITs asset portfolio exceeds 1.26 billion yuan in value. The project is expected to become China's first foreign wholly owned industrial REIT.

The physical AI and robotics innovation platform will cover research and development, manufacturing, and application scenarios, helping build a smart industrial park operation system and injecting new momentum into Wuxi's rapidly growing AI industry.

The Schneider Electric Green Smart Industrial Park in Wuxi. [Photo/WeChat account: xinwu_wx]

Joachim Poylo, founder and president of Aden Group, said the company has continuously adapted its business portfolio to evolving market demands during its 30 years in China.