Garbe Industrial Real Estate is expanding its logistics investments in the Italian market with the acquisition of a 265,000 sqm plot of land in Tortona, in the province of Alessandria.
The site has full construction permissions, paving the way for the development of a 102,000sqm logistics complex in a single block. This will be one of the largest logistics properties in Northern Italy along the key corridor between Genoa and Milan.
The general contractor for the project is GSE Goldbeck, which specialises in the construction of logistics and industrial buildings and has already taken possession of the site.
Source: realassets.ipe.com on the 21st of November