SFO Capital Partners, a global real estate investor and investment manager, and GARBE Industrial Real Estate, one of the leading European specialists for the development and management of logistic real estate, have completed the acquisition of a greenfield development land located in Greater Milan, to be developed into a 83,000 square metres leasable warehouse area with the highest technical and environmental standards. This acquisition is located in the heart of Lombardy, one of Europe’s most prominent logistics hubs. Following its erection and lease-up the building will be well positioned to attract core institutional investors who in the respective segment are looking for a stable cashflow at a strong performing location, incorporating exemplary ESG standards.
Source: sfocapitalpartners.com on the 20th of October 2022
https://sfocapitalpartners.com/news-article/sfo-capital-partners-and-garbe-close-logistic-greenfield-development-nearby-milan/