German asset manager Sireo has acquired a logistics centre in Italy worth some EUR 31 mln from a private investor. The property, located in Paullo, near Milan, is fully leased to Number One Logistics, the logistics division of Italy's major food company Barilla. The logistics scheme was developed in 2003 and consists of about 40,000 m[sup]2[/sup] of space. Sireo was advised by Italian property consultant GVA Redilco.
Finnish real estate manager Sirius Capital Partners, through a recently formed affiliate, has purchased a portfolio of four residential buildings in Helsinki, Finland.
