Global logistics developer-operator Gazeley has announced plans to develop a new logistics park on a 25-hectare site in Brescia, northern Italy. Phase I of the Magna Park Manerbio is expected to accommodate up to three build-to-suit facilities totalling 80,000 m[sup]2[/sup].
Global logistics developer-operator Gazeley has announced plans to develop a new logistics park on a 25-hectare site in Brescia, northern Italy. Phase I of the Magna Park Manerbio is expected to accommodate up to three build-to-suit facilities totalling 80,000 m2.
'We are strategically replenishing our portfolio in Italy to maximise our offer for existing and potential customers,' the company said. Work on the site is due to start in November 2011.
Also in Italy, Gazeley said it has signed a new 15-year lease with Walcor, a privately-owned Italian chocolate producer, for a new 25,6000-m2 warehouse and distribution centre in the Cremona area (100 km east of Milan). Construction on site started in March and is due to be completed in December 2011.
Walcor will use this platform as its new distribution centre for the Italian market.
