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The logistics facility is located in Liscate, around 16 kilometers east of the center of Milan, and benefits from an excellent road infrastructure in the immediate vicinity. Strategically located on Milan’s eastern bypass and the new “Bre.Be.Mi” motorway (Brescia-Bergamo-Milan), all important cities in northern Italy are very easy to reach from here.
The free-standing complex comprises around 46,000 square meters of single-storey logistics space that extends over two blocks. This includes 102 transshipment points, offices and a canteen. The property is fully used by an institutional tenant who guarantees a contractually secured and long-term calculable yield stability. At the same time, the high-quality logistics facility offers the flexibility to rent to several parties if necessary.
Uwe Rempis, Managing Director and Fund Manager of LaSalle E-REGI, explains: “The transaction was carefully planned and successfully implemented by our team. We took the opportunity to exit a market promptly that no longer meets the high demands of our fund strategy . We achieved a very attractive price that generates an outstanding return on investment for our investors. ”
Image Sources: Claudio Divizia / Shutterstock.com