CBRE Global Investors has bought a fully let logistics asset in Italy on behalf of a European separate account client.

The manager has invested an undisclosed amount to buy Anzola, a 36,246sqm logistics asset in Bologna in the Emilia Romagna region.

Alberico Radice Fossati, the head of transactions in Italy at 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.”

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