EQT announced that the EQT Exeter Logistics Value Fund IV has entered into an agreement to acquire a logistics assemblage strategically located in the Northern Italian submarkets of Milan and Verona, for approximately EUR 230M. The assets will be acquired via an Italian REIF structure managed by Kryalos SGR S.p.A. The assets offer proximate access to core distribution locations via key motorways, including the A1, A4 and A22. The properties hold an average building age of ten years and feature Grade A technical specifications, including eaves heights averaging 11 meters, as well as loading and maneuvering features.
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