Adigrat Real Estate advisor in the sale of a logistics asset of 20,000 sqm near Milan
Adigrat Real Estate was advisor in the sale of a light industrial asset in Rho (MI). Owned by a private operator, the asset was acquired by the alternative investment fund (AIF) Jupiter, managed by Kryalos SGR and subscribed by real estate investment vehicles headed by Blackstone.
The property covers a total area of approximately 20,000 sqm and is fully let to a single tenant. The subject area is one of the best logistics locations in the province of Milan, just 15 km from the centre of Milan and well-connected to the key thoroughfares due to its proximity to the A4 Milan-Turin motorway and to the Tangenziale Ovest (Western ring road).
Light industrial assets have been the subject of growing interest by investors. Indeed, like last mile, this sector has been recording excellent performance, contributing to making logistics an absolute key market player.