PATRIZIA, a globally recognized partner for real assets investment, announced a major investment of approximately €70 million in a state-of-the-art logistics portfolio located in Italy’s ‘golden triangle’ between Verona and Bologna. The investment, under the PATRIZIA Logistik-Invest Europa Fund series, adds over 90,000 sq. m. of A-rated and LEED Gold certified industrial space to PATRIZIA’s assets. These newly developed properties are equipped with sustainable features like rooftop PV panels and LED lighting, standing in line with the firm’s ESG goals. The logistics assets are 100% occupied by international tenants, expected to deliver stable high-yield income, while further value-add growth is anticipated from effective asset management strategies. Notably, this acquisition contributes to PATRIZIA’s expanding €7 billion pan-European industrial portfolio, aligned with urbanization and digitalization trends. The firm’s recent moves in Italy also encompass investments in other sectors like smart streetlighting and bio LNG/biogas, further solidifying its diversified investment approach in prime European markets.

Real Estate, Logistics, Sustainability,Italy, Europe

https://www.patrizia.ag/en/news-detail/patrizia-continues-expansion-of-pan-european-logistics-platform-with-major-investment-in-italys-golden-triangle-sub-market/