SEGRO strengthens its presence in Northern Italy with a new 53,000 sqm development
SEGRO, a leading owner, manager and developer of modern logistics and industrial properties and data centres, has started work on the construction of a new 53,000 sqm logistics development in the municipality of Calvenzano, in the province of Bergamo
The project is being developed on a speculative basis and strengthens the company’s presence in an area of particular importance for the logistics sector. Located between the provinces of Milan and Bergamo, the new development will benefit from a strategic position, thanks to its proximity to the motorway network and important production and commercial districts.
The new building, modern and technologically advanced, will include large spaces for warehouse activities and an area dedicated to offices, which will be structured on three floors. The complex will also be equipped with 54 loading bays and functional spaces for the handling of goods, designed to ensure operational efficiency and optimal management of logistics and distribution activities.
Particular attention will be paid to environmental sustainability and energy efficiency. The building, which is scheduled for completion in November 2027, will be built to obtain BREEAM New Construction Excellent certification and achieve energy class A4. The project also includes 15 charging stations for electric vehicles.
Luca Sorbara, Managing Director, Italy, of SEGRO, commented:
"The start of this new development represents an important milestone for SEGRO in Italy and confirms our desire to invest in strategic areas for the logistics sector. The choice of Calvenzano, thanks to its location and proximity to the main infrastructure connections, allows us to strengthen our presence in one of the territories of greatest interest for the market. With this project we continue to expand the number of modern, sustainable and efficient properties in our Italian portfolio to meet the needs of logistics companies and support the evolution of their activities."
About SEGRO
SEGRO is a Listed Real Estate Investment Company (REIT) of the United Kingdom, listed on the London Stock Exchange and Euronext Paris.
It owns, operates and develops modern warehouses, industrial properties and data centres across the UK and seven other European countries, with a portfolio of 10.9 million square metres of space.
Founded in 1920, SEGRO has created, thanks to an active approach to asset management and a rigorous capital allocation strategy, a portfolio of sustainable and high-quality buildings located in some of Europe's largest cities and major transport and digital infrastructure hubs.
From department store logistics to urban warehouses and data centres, SEGRO creates spaces that enable extraordinary things to be accomplished. It provides the infrastructure on which modern economies and everyday life are built, enabling efficient and low-carbon supply chains, as well as digital connectivity across Europe, contributing to economic growth and the creation of new jobs. These spaces support a diverse clientele that includes retailers, manufacturers, logistics service providers and technology companies.
SEGRO is committed to being a force for good for society and the environment, with three priorities at its core: Supporting low-carbon growth, investing in the environment and local communities, and nurturing talent.
Learn more about www.SEGRO.com