AIM-listed Spazio Investment, managed by Italy's Pirelli Real Estate, has acquired two industrial properties from engine maker ACC Group for a combined value of EUR 22 mln in a sale-and-leaseback agreement. The properties are located in Pordenone and Belluno, northern Italy, and provide a gross lettable area of 79,000 m[sup]2[/sup]. They will be occupied by ACC with a 12-year leasing contract, Spazio said in a press release.
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