GVA Redilco Logistics & Industrial department has successfully completed the transaction of an important lease agreement related to a brand-new logistics asset located within the Siziano Logistics Park (PV) on behalf of Carlyle Real Estate SGR SpA, - for the closed end real estate fund Cer-L Fund - assisted by Oxalis Real Estate as the Fund’s real estate advisor.
The brand-new warehouse, completed only three months ago, with a total covered area of 22,000 sqm and 23 loading bays, will host the logistics and distribution centre of a leading groceries company.
The Grade A asset, completed in 9 months according to the logistics innovative and modern standards, has a clear height under beam of 11.4 m, fire resistance structure REI 120, and NFPA-ESFR Sprinkler system. The logistics asset is strategically located 8 km South of Milan on the SP40 state road directly connected to the A1 Milan - Naples highway, and the A7 Milan - Genoa highway.
In an extremely dynamic market, this latest transaction consolidates the position of GVA Redilco as market leader with 80% of take-up in the area over the last 12 months.