The tenant has two years remaining on the lease
Duo already work together in Serbia, Montenegro and Croatia
Marc Hess has been the chief financial officer since 2018
Construction of the new site is set to begin in July 2024
Price reflects a net initial yield of just above 5%
The 28,000 sq m property was part of a portfolio launched in June 2023
David Neuman will take over Mario Sander's responsibilities at the logistics developer
Deal involves three assets in Milan and Rome
New lease's rent is 8% higher than that of the outgoing tenant