Logicor Launches Sustainable Logistics Property Development in Rome, Italy

Logicor Launches Sustainable Logistics Property Development in Rome, Italy

(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced construction on a new 24,000-square-meter property in Rome, Italy, set for completion in late 2024. Situated on a 97,000-square-meter industrial site owned by the Mazer Fund, this project, tailored to the electronic distribution industry, boasts a strategic location near key transport hubs and road networks. It emphasizes sustainability, targeting a BREEAM environmental standard of “Very Good” with a 2.8 MW photovoltaic system, EV charging stations, green spaces to enhance biodiversity, and even a municipal car park. This development aligns with Logicor’s strategy to expand its presence in crucial locations, offering a glimpse of their promising Italian portfolio.

(PRESS RELEASE) LONDON, 9-Nov-2023 — /EuropaWire/ — Logicor, a leading owner, manager, and developer of European logistics real estate, started the development of its new c.24,000-sqm property in Rome, Italy.

Due for completion in late 2024, the project will be developed on a c.97,000 sqm site of industrial zoned land, owned by Mazer Fund, a Logicor-sponsored closed-end real estate fund managed by Kryalos SGR. It is being built to meet the specifications of a customer in the electronic distribution industry.

Strategically located at the crossroads between Via dei Castelli Romani and Via Laurentina, the site is less than 30 km south from the city of Rome and 33 km from Fiumicino Airport, a key transport hub.

It also benefits from its proximity to the main road network that connects Rome’s Orbital Motorway, and the A1 road that runs the length of the Italian peninsula, enabling customers to distribute their goods efficiently.

The development, which will further increase Logicor’s presence in this key submarket, will target the environmental standard BREAAM at least Very Good with a 2.8 MW photovoltaic system, and EV charging stations for cars and vans. Landscaped green areas will also help to improve the biodiversity in the local area.  As part of the development, a municipal car park will be built.

“The construction of this asset in Rome is a great example of how we are delivering on our strategy to increase our presence in key locations that our customers want and need to be in through the development of sustainable logistics real estate”.

“We have an exciting pipeline of opportunities for development and redevelopment in Italy that will add to the portfolio of assets we manage”. Graeme Hepburn, Logicor Country Manager Italy

About Logicor
Logicor is one of the leading owners, managers, and developers of modern real estate in logistics and distribution in Europe. As at 30 June 2023, we own a portfolio of 591 high-quality properties with a lettable area of 13.4 million square located in key European logistics markets. Logicor is headquartered in London and Luxembourg.
logicor.eu

Pomezia is one of Logicor’s key submarkets where demand for well-located logistics real estate continues to outstrip supply. Logicor continues to actively acquire standing assets and land opportunities in this region to add to the existing c.200,000sqm portfolio of assets it manages.

Across Italy, Logicor manages one of the largest and most diversified portfolios of distribution assets with over 2.6 m sqm primarily located in Lombardy, Veneto, Emilia Romagna, and Lazio.

Media Contact:

Cinzia Furlani
Comms and Marketing Manager, Southern Europe
cinzia.furlani@logicor.eu

Press Office – OPRG
logicor-ita@omnicomprgroup.com

SOURCE: Logicor