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All Market News: Italian Real Estate Intelligence

Kuehne Nagel to partner with Adidas to develop a new distribution hub near Mantova
26 May, Bebeez Kuehne Nagel and Adidas started a long-term partnership to build a new omnichannel distribution centre near Mantova with an investment of approximately € 400 million. The hub, which will cover 130,000 Sqm and will be highly automated, will be ready by 2024. Logiman has been appointed for the development. Source: Bebeez Translator: Cristina Ambrosi
 
ZeitGeist acquired Irideos HQ in Rome
26 May, Bebeez Czech real estate asset manager ZeitGeist made its first acquisition on the Italian market, signing the preliminary agreement to acquire a recently requalified office building in Colli Aniene neighbourhood (Rome). The asset is currently leased to Irideos. ZeitGeist plans to invest up to €500 million in the Italian market. Source: Bebeez Translator: Cristina Ambrosi
 
Hines to invest €200 mln on first office campus in Milan
23 May, Monitor Immobiliare Hines is looking to broaden its office portfolio by investing €200 million in the requalification of Via Tortona business district to create Milan’s first office campus. The project, which will consist of four buildings covering a 30,000 Sqm surface, will target the community and favour collaboration, with services available round the clock. Works will start at the beginning of 2024 and are expected to finish in 2026. Source: Monitor Immobiliare Translator: Cristina Ambrosi