Logicor launches sustainable logistics real estate development in Rome, Italy

(BRIEF) Logicor, one of Europe’s leading logistics real estate companies, has begun construction on a new 24,000-square-meter asset in Rome, Italy, scheduled for completion by the end of 2024. Located on a 97,000 square meter commercial land owned through the Mazer Fund, this project, suitable for the electronics distribution industry, enjoys a strategic location close to major maritime hubs and road networks. It focuses on sustainability, aiming for a popular “Very Good” BREEAM environment with a 2. 8 MW PV system. , electric vehicle charging stations, green spaces for biodiversity and even a municipal car park. This progression aligns with Logicor’s strategy to expand its presence in very important locations, providing insights into its promising Italian portfolio.

(PRESS RELEASE) LONDON, November 9, 2023 — /EuropaWire/ — Logicor, one of Europe’s leading owners, managers and developers of logistics real estate, has its new assets of approximately 24,000 m² in Rome, Italy.

The project, which is scheduled for completion by the end of 2024, will be developed on a plot of approximately 97,000 m² in a commercial area, owned by Mazer Fund, an open-ended real estate fund sponsored through Logicor and controlled through Kryalos. SGR. It is built to meet the specifications of a visitor in the electronics distribution industry.

Strategically at the junction between Via dei Castelli Romani and Via Laurentina, the site is less than 30 km south of the city of Rome and 33 km from Fiumicino Airport, a major shipping hub.

Also because of its proximity to the main road network connecting Rome’s ring road and the A1 road that crosses the Italian peninsula, allowing consumers to successfully distribute their products.

The development, which will further strengthen Logicor’s presence in this key submarket, will focus on the popular BREAAM environment, at least Very Good, with a 2. 8 MW PV formula and charging stations for cars and vans. Landscaped green spaces will also contribute to biodiversity. in the area. As part of the development, a municipal car park will be built.

“The structure of this asset in Rome is a wonderful example of how we are implementing our strategy to strengthen our presence in key locations where our clients want and want to be through the progress of sustainable real estate logistics. “

“We have an interesting pipeline of business opportunities in Italy that will be incorporated into the portfolio of assets we manage. “Graeme Hepburn, Country Director of Logicor Italy

Pomezia is one of Logicor’s key submarkets where demand for well-located logistics real estate continues to outpace supply. Logicor continues to actively acquire existing assets and land opportunities in this region to complement the approximately 200,000 square meter existing asset portfolio it manages.

In all of Italy, Logicor manages one of the largest and most diversified portfolios of distribution assets, with more than 2. 6 million m² located mainly in Lombardy, Veneto, Emilia-Romagna and Lazio.

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SOURCE: Logicor

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