Prologis Delivers 16,000 Square Meters to Logista Italia at Interporto Bologna
Milan (31 December 2017) – Prologis, Inc., the global leader in logistics real estate, announced the delivery today of a 16,295 square meter build-to-suit logistics facility at Interporto Bologna to Logista Italia Spa, a leading integrated distributor of tobacco-related products, sweets, stationery and small electronics serving over 55,000 shops across Italy.
The new Class-A building is scheduled for final delivery in the first quarter of 2018 and will total 40,500 square meters.
The customer unit comprises almost 15,000 square meters of logistics space, with a further 1,000 square meters earmarked for offices and storage. The new facility will be the first in Italy to feature Prologis’ eegle technology, a digital tool which helps customers optimize their building’s operations, reduce costs and minimize environmental impact. It is the first tool of its kind in the industrial real estate sector and enables remote management of a logistics building. The interface connects to the building by sensors, allowing users to monitor energy consumption, manage maintenance deadlines and detect operational malfunctions.
“The delivery of this first built-to-suit unit to Logista shows Prologis’ growing ability to quickly realize new generation logistics real estate facilities, using more and more advanced technologies,” said Sandro Innocenti, senior vice president, country manager, Prologis Italy.
This facility is a turnkey build by general contractor Engineering 2K. Prologis is being advised by DLA Piper.
Bologna Interporto, located north of Bologna near Bentivoglio and San Giorgio in Piano, is one of the largest intermodal (rail/road) logistics platforms in Europe. It is two kilometers from the A13 highway, which connects Bologna and Padua. The location is near national and European cargo transport routes.
As of September 30, 2017, Prologis owns and manages approximately 990,000 square meters of distribution space in Italy.
Prologis, Inc. is the global leader in industrial real estate. As of September 30, 2015, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 671 million square feet (62 million square meters) in 21 countries. The company leases modern distribution facilities to more than 5,200 customers, including third-party logistics providers, transportation companies, retailers and manufacturers.
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