Italy's Beni Stabili has acquired a logistics building near Bari, southern Italy, for EUR 20 mln on behalf of the Beni Stabili Italian Real Estate Fund. 'This is the fund's first logistics investment, and will allow us to diversify the fund's portfolio in terms of asset location and improve our running yield,' said Beni Stabili's managing director Terenzio Cugia di Sant'Orsola.
Italy's Beni Stabili has acquired a logistics building near Bari, southern Italy, for EUR 20 mln on behalf of the Beni Stabili Italian Real Estate Fund. 'This is the fund's first logistics investment, and will allow us to diversify the fund's portfolio in terms of asset location and improve our running yield,' said Beni Stabili's managing director Terenzio Cugia di Sant'Orsola.
