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(Visited 114 times, 1 visits today)
  • Transaction / Assets
    110,000 Sqm area in Milan
  • Seller
    NA
  • Buyer
    Hines, Allianz RE
  • € MM

Hines and Allianz RE to partner in last-mile logistics in Milan

13 April, Monitor Immobiliare

Through Urban Mile Fund managed by Blue Sgr, Hines acquired a 110,000 Sqm area in Via Rubattino, Milan, in partnership with Allianz RE to develop a last-mile logistic hub. The new hub will be implemented with a total investment of €80 million and will be ready in 36 months. The asset will be compliant with the CREEM sustainability metrics and part of the requalification project that concerns the Rubattino area.

Source: Monitor Immobiliare

Translator: Cristina Ambrosi