January 29, 2024 |
Logicor, a leading owner, manager and developer of European logistics real estate, has started the development of a new c.13,600 sqm warehouse at its logistics park in Rolo (RE), consolidating its presence in Italy, one of the key markets for the real estate logistics sector.
The project, which will be completed at the end of 2024, involves the construction of a new sustainable warehouse on a c.22,300 sqm industrial site owned by the Mazer fund, a Logicor-sponsored closed-end real estate fund managed by Kryalos SGR.
The new building will further expand the Rolo logistics hub, which includes c.130.000 sqm of warehouses, representing the largest hub in Logicor’s Italian portfolio.
The Rolo Park is in Reggio Emilia, a strategic location with access to the main markets in Italy. It is 75 kilometers south of Bologna and 38 kilometers north of Modena and is just a few minutes away from the entrance of the A22-Autostrada del Brennero, one of the main Italian highway arteries that connects the A1-Autostrada del Sole to Austria and Germany. The site is also just over 70 kilometers from the airports of Bologna and Verona.
The property includes several environmental characteristics, including a photovoltaic system of 1 MW, LED lighting, charging columns and an NFPA sprinkler system.
Once completed the building will target at least BREEAM Very Good.
Logicor is working on the project with the general contractor BEG Ingénierie Italia and the project and construction manager Progeca srl.
Graeme Hepburn
Country Manager
About Logicor
Logicor is one of the leading owners, managers, and developers of modern real estate in logistics and distribution in Europe. As at 30 June 2023, we own a portfolio of 591 high-quality properties with a lettable area of 20 million square located in key European logistics markets. Logicor is headquartered in London and Luxembourg.
logicor.eu
For more information:
Cinzia Furlani
Comms & Marketing Manager, Sud Europa
[email protected]
Press Office – OPRG
Massimo Garanzini, Roberto Carnazza, Chiara Bianchi