Allianz Real Estate bought for 40 million euros a 55,000 sqm logistic pole 10 km North of Parma which is know occupied to Ferrero (see here the press release).
“Northern Italy is one of the main locations for logistics infrastructures”, said Donato Saponara, Country Head of Allianz Real Estate in Italy, adding that “as a result the market has significantly evolved in the last decade, and the demand for space logistic of high quality has grown, supported by solid foundations.The acquisition of this asset represents a fundamental strategic step for our ambitious project to create in this region a great logistic platform “.