The property is a strategic last-mile facility operated by Amazon Italia, and is in an ideal location off Milan’s ring road (tangenziale) with direct access to the city’s centre as well as easy access to the country’s main highways passing by the city.
This acquisition aligns with the strategy to acquire and develop well-connected and fit-for-purpose properties located in the main logistics corridors in Europe. It is the latest in a series of planned investments in last-mile and cross-docking warehouses, which are benefiting from the structural drivers of this specific sub-segment of logistics real estate.
The logistics industry has seen a significant increase in importance due to the continuous growth of e-commerce and recent geopolitical events.
