Patrizia acquires a logistics hub in Mantua for 70 million

The German company specialising in infrastructure and real estate investments, Patrizia, has completed an investment of around EUR 70 million in a modern industrial hub through its Patrizia Logistik-Invest Europe fund, enabling the group to expand its logistics platform in Italy.

These two assets are strategically located in Mantua, in the so-called industrial 'golden triangle' of our country, along the A22 motorway between Verona and Bologna, one of the main national arteries.

The site comprises over 90,000 square metres of space, 100% occupied by two international 3PL (third-party logistics) players. The solidity of the two companies guarantees a stable, high-yield income, and an active asset management strategy will allow them to capitalise on future value-added opportunities, thanks to the strong rental growth expected in the Mantua market.

Constructed between 2022 and 2023, the modern logistics hub will boast high ESG standards that comply with the Paris Climate Agreement: in fact, both assets have obtained Epc A classification and Leed Gold certifications. The buildings are equipped with rainwater harvesting technology, LED lighting and photovoltaic panels on the roofs; in addition, an investment programme is already planned for the installation of further photovoltaic panels, which will further support the decarbonisation strategy of the entire site.

"With vacancy rates close to zero in several areas of the country and a persistent shortage of new assets," said Pierluigi Scialanga, Patrizia's Country Manager and head of transactions for Italy, "the economic fundamentals of the Italian logistics sector remain solid. We are at the beginning of a new market cycle characterised by prolonged volatility on a global scale: in this scenario, our main objective is to invest in those sectors that show the most resilience, as they enable us to create long-term value for clients. With more than EUR 1.5 billion of assets under management, our Italian alternative asset platform is continuously expanding and offers significant opportunities to our investors according to their different risk appetites, both in the real estate and infrastructure sectors."