Logicor and Kryalos SGR Acquire Strategic Logistics Hub in Sordio, Italy

Logicor and Kryalos SGR Acquire Strategic Logistics Hub in Sordio, Italy

(IN BRIEF) Logicor and Kryalos SGR have acquired a 23,000 m² warehouse in Sordio, Northern Italy, through the Mazer Fund. The site includes warehouse and office space, green areas, and is strategically located near Milan and major transport links. Logicor plans to enhance the property’s energy efficiency with a photovoltaic system and EV charging stations. The acquisition aligns with both companies’ strategies to invest in key logistics hubs that support sustainable growth. Logicor continues to expand its Italian portfolio, managing over 2.6 million m² of real estate assets across key regions.

(PRESS RELEASE) LONDON, 2-Dec-2024 — /EuropaWire/ — Logicor, a prominent European logistics real estate company, and Kryalos SGR, a leading Italian asset management firm overseeing over €13 billion in assets, have announced the acquisition of a new warehouse in Sordio, located in the Lodi region of Northern Italy. The transaction was carried out through the Mazer Fund, a closed-end real estate investment fund managed by Kryalos SGR and invested in by Logicor.

The acquired site spans approximately 23,000 m², featuring over 10,000 m² of warehouse space, 1,500 m² of office facilities, and 3,700 m² of green areas. Strategically positioned just 25 km from Milan, Italy’s primary logistics hub, and 15 km from Lodi, the property benefits from excellent connectivity to major transport routes, including the SS9-Via Emilia, A58-Tangenziale Est Esterna, A1-Autostrada del Sole, and key airports such as Linate and Orio al Serio.

Logicor plans to enhance the property’s energy efficiency by adding a photovoltaic system and charging stations for electric vehicles, complementing the existing LED lighting and NFPA sprinkler systems.

“This acquisition aligns with our strategy to grow in areas that are vital for our customers. The Lodi region, with its proximity to Milan, is a key logistics location, and this investment strengthens our commitment to offering strategic and sustainable solutions,” said Graeme Hepburn, Logicor’s Country Manager for Italy.

Gianluca Vairani, Senior Managing Director Transaction Management & Head of ESG at Kryalos SGR, echoed these sentiments: “With its central role in logistics and infrastructure development, the Lodigiano area is an ideal choice to support our clients’ growth. This acquisition reinforces our long-term vision of sustainability and innovation in key logistics hubs.”

Logicor, which manages and owns over 2.6 million m² of real estate assets in regions including Lombardy, Veneto, Emilia-Romagna, and Lazio, continues to expand its footprint in Italy. Recent developments include a logistics hub in Lainate and a refurbishment project in Vignate, both in the Milan area.

Advisors involved in the acquisition included The Blossom Avenue and White & Case (Legal), Yard Reass (Technical), Bertacco Recla (Urban Planning Legal), and Ernst & Young (Tax & Legal).

ABOUT LOGICOR

Logicor is a leading owner, manager and developer of European logistics real estate. As at June 2024, our portfolio of properties spans over 20 million square metres of warehouse space in key transportation hubs and close to major population centres, enabling us to support over 2,000 customers. We are headquartered in London and Luxembourg and have teams of people based across Europe. Our real estate and the strength of our network enable our customers’ goods to move through the supply chain and into society, every day. For more information visit www.logicor.eu

About Kryalos SGR

Kryalos SGR, with an AuM of over 13 billion euros and a team of 125 professionals, is one of the most active players in the Italian real estate market. Kryalos SGR offers transaction management, real estate & credit fund management, development management, and advisory services and is a partner of leading Italian and international companies. More information at https://www.kryalossgr.com/

Media Contacts:

Logicor Italia srl
Cinzia Furlani
Comms & Marketing Manager, Sud Europa
cinzia.furlani@logicor.eu

Press Office – OPRG
Massimo Garanzini, Roberto Carnazza, Chiara Bianchi
logicor-ita@omnicomprgroup.com

Kryalos SGR
Raffaella Ciafardini
Tel. +39 02 92947100
raffaella.ciafardini@kryalossgr.com

Serena Galdo
Barabino & Partners
Cell. +39 345.14.64.356
s.galdo@barabino.it

Claudio Cosetti
Barabino & Partners
Tel. +39 02 72023535
c.cosetti@barabino.it

SOURCE: Logicor