Italian asset manager DeA Capital Real Estate has acquired a new logistics asset in Passo Corese, Italy from developer Techbau.

Passo Corese

Passo Corese

The acquisition was conducted together with the GO Italia VII Fund, entirely owned by BentalGreenOak.

The property, located in the logistics park of Fara in Sabina, has been leased to a leading operator in the large-scale distribution of construction materials and equipment.

The asset consists of an independent building, spread over approximately 32,000 m2 and equipped with 29 loading bays.

The installation of a photovoltaic system with a power of 2.3 MWp is planned on the flat roof of the building and the LEED Gold environmental certification is in the process of being obtained.

The Passo Corese logistics park is located some 30 km north of Rome and a few km from the A1 toll booth. It is a major logistics hub under construction with over 400,000 m2 currently leased to primary logistics, large-scale retail and e-commerce operators.