Dils acts as advisor to Nuveen and Valor Real Estate on the sale of a prime logistics asset in Cerro Maggiore, marking Valor’s first strategic investment in Italy

Dils acted as advisor in the acquisition by Valor Real Estate – a European leader specialized in urban and last-mile logistics – of a logistics property located in Cerro Maggiore (MI), in an off-market transaction where Nuveen – one of the leading global real estate investment managers – played the role of seller. The transaction represents Valor Real Estate's first investment in the Italian market and is part of the group's targeted strategy to expand its European logistics platform.

The property, built in 2007, is situated in a prime location in the municipality of Cerro Maggiore, adjacent to the A8 Milano-Varese motorway and in immediate proximity to the A8/A9 junction, one of the main infrastructure hubs in the Milan metropolitan area. This location ensures quick connections to Milan, Malpensa airport, and the entire north-western quadrant of the country, making the asset particularly competitive for regional and national distribution activities.

The asset was refurbished in 2015 and combines modern logistics spaces and functional offices, equipped with advanced technologies and designed to ensure operational efficiency and flexibility of use. Its location, combined with its structural quality and potential for medium-to-long-term enhancement, makes it particularly interesting for investors attentive to both the immediate solidity of the asset and future development opportunities.

The transaction confirms the dynamism of the Italian logistics sector, supported by a growing focus on modern, sustainable, and technological assets. Transactions like the one in Cerro Maggiore demonstrate how international investors continue to recognize the Italian market as a strategic driver in pan-European allocation policies, contributing to the development of a competitive and increasingly integrated logistics ecosystem within global networks.