CBRE IM acquires a portfolio of eight assets for approximately 370 million

CBRE Investment Management – on behalf of a fund managed by the company – has acquired a portfolio of eight logistics assets strategically located across Italia’s five major logistics corridors, marking a significant step in the expansion of its European logistics platform.

The value of the transaction has not been disclosed but is rumoured to be around 370 million euros. The portfolio comprises approximately 327,000 square metres of gross lettable area. The eight assets were sold by various property funds managed by well-known asset management companies and underwritten by Techbau and Bgo. The properties are strategically located across four of Italia’s most established logistics sub-markets: three assets in the Bologna market, three in the Rome area, one in the Milan market and one in Verona.

Each property benefits from direct access to Italy’s main motorway network, with excellent links to the A1 Milan–Naples corridor, the A14 Adriatic motorway and the A22 Brenner corridor, strategically positioning the portfolio to serve both national distribution and European cross-border trade flows. All assets are newly built, featuring Class A specifications with strong sustainability credentials, including LEED Platinum or Gold certification for all properties, which guarantees a modern design, high-quality warehouses and strong connectivity to the main transport routes.
Seven of the eight assets are fitted with solar photovoltaic systems, with a combined capacity of over 23 MWp, supporting operational efficiency. The portfolio’s occupancy rate stands at 100 per cent, with a variety of tenants operating across different product categories: third-party logistics (3PL), luxury fashion, DIY, homeware retail and food distribution, ensuring robust covenant quality and exposure to the key drivers of structural growth in the Italia market.

“To our knowledge, a portfolio of this scale and quality has never been traded on the Italian market, which demonstrates its strategic importance,” said Sandro Campora, Head of Transactions Italia at CBRE Investment Management. “Holding Grade A assets in the country’s most critical logistics corridors enables us to offer resilient, long-term income streams, whilst promoting our sustainability objectives.”
“We believe this acquisition represents a significant opportunity to deliver long-term value to our investors,” added Antonio Simontalero, portfolio manager at CBRE Investment Management. Through the acquisition of a portfolio of Grade A and highly sustainable assets in Italia’s most strategic logistics corridors. We are positioning the fund to benefit from resilient income streams and structural growth drivers such as e-commerce and the reconfiguration of the supply chain. The combination of prime assets, strong tenant covenants and potential for further integrated development enables us to generate long-term performance whilst meeting our clients’ sustainability objectives.”

Dils acted as a broker on behalf of CBRE IM.