Logistics Capital Partners launches two Italian projects for Amazon

Logistics Capital Partners (LCP) has announced two new developments projects in Italy, with a combined total footprint of over 160,000 m2, for online retail giant Amazon.

LCP’s latest project, which commenced in the summer, is a robotised distribution centre with a building footprint of over 60,000 m2, located along the prime northern Italian A4 logistics corridor, in Torrazza close to Turin.
 
This new development also follows LCP's recent completion of another fulfilment centre, with a footprint totalling over 100,000 m2, located in Vercelli, Italy, which is also situated along the prime northern corridor between Turin and Milan.  
 
Both buildings are pre-let to Amazon, and represent two of the largest logistics buildings to be developed in the country.
 
Andrea Benvenuti, managing director development and construction at LCP, said: 'We are delighted to deliver these projects for a customer such as Amazon, they are at the forefront of the sector and have the highest of standards.'
 
'Repeat business for large occupiers on a pan-European basis is exactly what we wanted to do with LCP and it is great to see this materialising with these Italian projects. We continue grow to our business to serve the evolving complex development needs of leading corporate occupiers everywhere in Europe,' added LCP managing director Kristof Verstraeten.

_______________________________________________________

Italian real estate briefing

Foreign investors, from the US, Middle East and Asia, have been
flocking to the real estate sector in Italy. Will the positive momentum
continue?

Find out at PropertyEU's
Outlook 2018: Europe & Italy Investment Briefing
1 March 2018
Dentons - Italy, Piazza degli Affari 1, Milan
09:00 - 11:30

Click here for more details and to reserve you free place

_______________________________________________________