08 June, Logistica Efficiente
Cushman & Wakefield assisted in the role of advisor the logistics and transport company DSV S.p.A. in the sale of a portfolio composed of three logistics properties located in Limito di Pioltello (MI), Aprilia (LT) and Modena for a total surface of 116,000 Sq m.
The transaction was completed through a “sale & leaseback” operation by the Capital Markets division of Cushman & Wakefield.
According to Carlo Vannini, head of Capital Markets: “The sale of the DSV portfolio confirmed the considerable interest from the investors for the Italian logistics sector. The increased available liquidity and the more attractive returns compared to other European countries have attracted not only the institutional investors. However, the limited availability of the opportunities in the logistics segment doesn’t allow to obtain potentially higher volumes”.
Carlo Walder, Head of Capital Markets Industrial and Logistics, who looked after the transaction, adds: “Cushman & Wakefield has completed the second significant “sale & leaseback” operation on behalf of DSV S.p.A, the Italian branch of the Danish companies DSV A/S, following a transaction concerning a 130,000 Sq m properties in San Pietro Mosezzo (NO) last year. The properties included in the portfolio are located near important infrastructures, in strategic positions for the logistics and shipping activities of DSV in Italy. The interest shown by the market has been remarkable, thanks to the high profile of the lessee, the location of the properties and the duration of the lease contracts”.
Source: Logistica Efficiente
Translator: Cristina Ambrosi