Italian asset manager Kryalos Sgr, through its specialised logistics fund Mazer, has purchased a 57,158 m2 plot of land in Pomezia near Rome.
The land is located near a logistics hub and is well connected to the motorway network via the A90 (Grande Raccordo Anulare).
The operation involves the development of a built-to-suit logistics property and the investment is said to be around €20 mln.
Paolo Bottelli, CEO of Kryalos Sgr, commented: ‘This acquisition is the first completed by the fund after the merger by incorporation of the Primitiv and Tannic funds into Mazer and represents an interesting logistics real estate development operation in a strategic area near the capital.’
The asset is the 32 acquisition of the Mazer closed-end alternative investment fund, established in 2013 and reserved for professional investors.
Fully subscribed by pan-European logistics property group Logicor, Mazer now has over 1.13 million m2 of built area.
Mazer specializes in investments in the logistics sector in Italy, primarily in leased assets and new property development operations.
