AEW - News: AEW, the global real estate investment manager, has acquired an 8,500 sqm last-mile distribution warehouse in northern Italy. The asset was acquired in an off market transaction on behalf of its pan-European Eurocore strategy which has now invested c.€210 million across five assets over the past three months.
The last-mile distribution warehouse is strategically located at the junction of the A4 and BreBeMi motorways with connections to Milan, Turin and Brescia city centre and is fully let to a major global ecommerce business on a 9 year lease. Constructed in 2020, the asset has strong ESG credentials and has received BREEAM Excellent certification.
You can now read the full news release at the link below