Prologis strengthens its presence in Rome with a new acquisition
Prologis has announced the acquisition of the entire share capital of Virgo Romana Immobiliare S.r.l., a company that owns an important logistics asset in the "La Rustica" area of Rome next to the Grande Raccordo Anulare ring road and strategically located near the city. The logistics park covers an area of approximately 50,600 square metres and consists of five buildings, an office building, outdoor areas (including an area containing archaeological remains), and parking areas. The logistics park is leased to the Italian Revenue Agency. On completion of the transaction, Virgo Romana Immobiliare S.r.l. was renamed Prologis Italy XLIV S.r.l.
"We start the new year with an important acquisition in Rome that strengthens our presence in this important market," commented Sandro Innocenti, senior vice president and country manager of Prologis Italy.“Demand for logistics properties near the urban centres where we operate continues to be strong with a 2022 that promises to be very dynamic and consistent with the trends seen in the Italian market in recent years."
Prologis was advised on the transaction by the law firm Linklaters with a team led by partner Francesco De Blasio and coordinated by managing associate Francesco Calabria, and by Deloitte for the tax and financial aspects.
Prologis Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of 30 September 2021, Prologis held consolidated investments or co-investment ventures totalling an estimated 92 million square metres in 19 countries. The company leases modern logistics facilities to more than 5,500 customers operating in B2B and e-commerce/online fulfilment.
Patrick Trancu I TT&A Advisors I Cell. 335 230789 I E-mail [email protected]
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