Global law firm White & Case LLP has advised Kryalos SGR S.p.A. (Kryalos), a private asset management company and one of the leading players in the Italian real estate market, on the acquisition of a last-mile logistics portfolio from Logiman and certain affiliated companies, through funds associated with Blackstone.
The 13 acquired assets are located in Lombardy, Veneto, Piedmont and Emilia-Romagna in areas characterized by high infrastructural accessibility and proximity to the country's main motorway and logistics hubs. With a total gross leasable area of approximately 107,000 square metres, the assets further strengthen Kryalos' position in the last-mile logistics segment, one of the most dynamic and strategic areas of the Italian real estate market.
The portfolio includes 11 standing assets and two additional properties, totalling around 35,000 square mertres, expected to be completed between 2026 and 2027.
The White & Case team in Milan which advised on the transaction was led by partners Giovanni Cirelli and Domenico Fanuele and included local partner Matteo Catalano and associate Francesco Speciale.
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