IDI Gazeley has bought logistics assets near Milan, Marseilles and Frankfurt, totalling more than 97,000 m2.
IDI Gazeley has bought logistics assets near Milan, Marseilles and Frankfurt, totalling more than 97,000 m2.
The largest site (57,000 m2) is in Magna Park Monticelli, close to Piacenza, a logistics hub north of Milan. The Frankfurt and Marseilles assets are around 20,000 m2 each.
The deal means IDI has more than 616 m2 of space across 25 assets in Europe.
Chief Acquisitions Officer Nick Cook said, 'This deal further reinforces the strides we are making to expand our platform and breadth of offering to our fast expanding customer base. We look forward to making further announcements in due course as we grow our operations.'
