Dils lands in France and buys operator Eol

A new piece has been added to Dils' European expansion strategy, thus expanding an international platform that started in Italia and developed in recent years through a series of acquisitions in the continent's main markets. The group entered France with the purchase of 100% of Eol (Entrepôt On Line), an operator active for over 25 years in industrial real estate and logistics.

Founded in 2000, Eol is one of France's leading players in the logistics sector, with around one million square metres transacted on average each year and more than 300 transactions completed annually. The company relies on a team of 70 professionals spread across ten offices in the country's main cities and in 2025 recorded revenues of more than €15 million. Alongside the core logistics business, EOL has also developed a retail hub that is considered among the best performing on the market. "Once fully operational, we intend to open all the other real estate business lines in France," says Giuseppe Amitrano, CEO of Dils. The group therefore plans a major investment programme to accelerate growth in the logistics segment and gradually expand the business to other asset classes, including office, hospitality and residential. The aim is to build a structure of around 250 professionals in France over the next five years, with estimated annual revenues of around EUR 60 million. EOL's management and teams will remain unchanged, in continuity with the positioning and relationships built in the local market.

The transaction is part of the international growth plan of Dils, already present in the Netherlands, Portugal and Spain, and aims to create an integrated real estate services platform in Paris.

The market environment appears favourable. According to Dils Research, real estate investments in France grew by 10 per cent year-on-year in 2025 to approximately EUR 19.4 billion. Offices are the main asset class by volume, with almost EUR 7 billion, followed by logistics and living with about EUR 4 billion each. In logistics, space absorption reached approximately 3.2 million square metres, driven in particular by the Île-de-France, Hauts-de-France and Centre-Val de Loire regions.

Dils with the entry into France proceeds in the construction of a European network started in 2023 with the partnership in the Netherlands with Van Gool Elburg, continued in 2024 in Portugal with Castelhana and in 2025 in Spain with Lucas Fox. The group now has around 700 professionals and closed 2025 with over EUR 100 million in consolidated revenues and is now looking at possible further expansion in Germany, Poland and the UK. This is the first time that an Italian (but also a European) services company has realised an expansion plan to create a European player.