CBRE GI buys Verona logistics park for EIF

5 July 2017

CBRE Global Investors has completed a deal with the Italian developer Techbau for its logistics park in Nogara, Verona. Newly expanded, the park offers a total of 66,000 sqm which is occupied by Coca-Cola’s logistics operator STI. Sandro Campora, Managing Director Italy, CBRE Global Investors commented: “The Italian logistics market offers high quality logistic assets, which attract a wide group of institutional core investors. We are therefore very pleased that we have been able to source this attractive asset for EIF. We are actively looking to deploy further capital in Italy on behalf of clients across the risk spectrum.” CBRE GI was acting for CBRE European Industrial Fund, which now totals 1,236,000 sqm of logistics assets spread across seven countries. CBRE Global Investors was advised by K&L Gates, Arcadis, World Capital.

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