Total sqm

30,173

Tenant

Ceva Logistics Italia S.r.l.

Occuppancy Rate

100%

Remaining Lease Term

2.5y

Net Initial yield at acquisition
9.02%
Total sqm
30,173
Ocuppancy Rate
100%
Tenant
Ceva Logistics Italia S.r.l.
Remaining Lease Term
2.5y

Total sqm

30,173

Tenant

Ceva Logistics Italia S.r.l.

Occuppancy Rate

100%

Remaining Lease Term

2.5y

Net Initial yield at acquisition
9.02%
Total sqm
30,173
Ocuppancy Rate
100%
Tenant
Ceva Logistics Italia S.r.l.
Remaining Lease Term
2.5y

Description

The property complex has a size of 26.500sqm circa, and enjoys a regular rectangular shape characterized by 39 loading bays and 26 docks, on 3 sides of the asset. From this property CEVA distributes magazines, packages, forklifts and appliances to northern Italy.

Location

Melzo is a well-established location with high demand for spaces and less than 3% vacancy rate. It is considered to be one of the top Italian logistics area.

Tenant

CEVA Logistic Italia SRL is one of the market leader for logistics services in terms of revenues and sites. Their operations cover several sectors (excluding fresh food) spread around 75 locations with over 1.200 employees.