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BNP Paribas REIM acquires logistics assets near Brescia

Posted: 17 October 2016

BNP Paribas REIM has purchased a logistics centre in Montichiari, a town near Brescia, sold by Isola Verde and Festa Trasporti & Logistica.

The price of the deal, financed by Aareal Bank, has not been disclosed, but according to rumors it could be somewhere in between € 6 and 7 million.

The logistics centre, which was the object of the sale-and-leaseback deal, occupies about 13,000 sqm in addition to an uncovered area of 22,000 sqm.