AEW announces the completion and letting of a 38,500 square metres logistics asset in Calvenzano, Italy, on behalf of LOGISTIS. AEW acquired the brownfield site in 2022 and development was completed in the same year, comprising 38,500 square metres of modern, high-quality logistics space with 36 loading bays, NFPA sprinklers and an industrial floor capacity of 5 ton/square metre. The asset has achieved BREEAM New Construction "Very Good" certification and AEW is currently installing a photovoltaic panel system of 2,888kWp on the roof which is expected to be complete by the end of the year. The asset is fully let on a six-year lease (with a six-year extension option) to the Danish multinational company, DSV Solutions.
The asset, located near the Treviglio exit of the A35 BreBeMi motorway, is positioned between the cities of Milan, Bergamo and Brescia, in a strategic area of Lombardy, well connected to the main production centres of the region. The property benefits from easy access to Milan Linate and Orio al Serio airports, both around 30 kilometres away.
Source: europe-re.com on the 25th of September 2023