GVA Redilco acted as RE advisor to Prologis – a world leader multinational logistics real estate investment trust (REIT) - for the acquisition of a Last-Mile warehouse. The asset is located in the East Rome area, between the Tiburtina and the Prenestina roads that is also close to “Rome’s Great Ring Junction” Grande Raccordo Anulare, and the urban section of the A24 motorway. This strategic area, in which several express courier warehouses are already settled, is indeed Rome’s best location for logistics and distribution activities in the Italian Capital city.
Currently the depot, which covers an area of ?approx. 9,500 sqm and is equipped with 50 double-sided loading bays, is leased to Partesa - part of the Heineken Italia Group - a leading company in beverage distribution outside the home.
This transaction is part of the ‘add-on’ strategy for Prologis' existing portfolio. Over the last three years Prologis has completed the purchase of a dozen ‘courier/last mile’ assets in the provinces of Milan and Bologna and in the East Rome area, confirming of the growing interest in and attention to the e-commerce sector and last mile distribution with related logistic buildings located near the city centers, which are currently seeing vacancy levels close to zero at national level.