CBRE Global Investors has acquired Anzola, a 36,246m² fully let logistics asset in Bologna in the Emilia Romagna Region, Italy. The asset is fully let to two tenants; Conad, the major Italian supermarket food chain, and Unilog, the Italian third-party logistics provider active in the food distribution sector.
Bologna is the second-largest logistics market in Italy, offering excellent connections to the wealthiest Italian Regions (Lombardy, Veneto and Emilia Romagna). There is no vacant Grade A space at present and limited supply to come to the market due to restrictions on development within the municipality.
Alberico Radice Fossati, Head of Transactions Italy, CBRE Global Investors said: “This was a rare opportunity to acquire a fully-let Grade A logistics asset in an attractive market with great potential. The demand for well-let, high-quality logistics assets has increased significantly in recent years, particularly in light of the pandemic, and this transaction is a strong endorsement of CBRE Global Investor’s logistics platform. Having acquired over €855m of European logistics assets in 34 deals across nine countries last year, we continue to see compelling opportunities in this sector.”