"The acquisition of this Italian portfolio - very well located, fully let and with development potential - allows us to capture growing demand for logistics space and gives us immediate scale in the market."
Portfolio
Fully let logistics site east of Milan with land for development
Two warehouses east of Milan and near Linate airport, fully let to a global contract logistics provider as their Italian headquarters. The warehouses are on a 152,000 sq.m (1,636,000 sq.ft.) site which benefits from a low coverage of only 33% and direct access to a railway line connecting Milan to northern Europe.