Italian Logistics Platform

From the days of the Roman Empire, when all roads led to Rome, to today’s pan-European logistics network, Italy has always held a key position within the continent’s transportation infrastructure. Four of Europe’s major logistics corridors intersect in Italy: the Scandinavian-Mediterranean, Baltic-Adriatic, Rhine-Alpine and the Mediterranean corridors.

This key location, as a gateway between Europe, Asia and Africa, combined with the accelerating growth of e-commerce in the late 2010s, created the opportunity for significant investment Italy’s logistics sector.

Between 2019 and 2022, PIMCO Prime Real Estate executed six separate logistics transactions to construct a portfolio of 17 assets with a value of more than €500M. These high-quality assets are strategically located in Northern Italy, close to major cities such as Milan, Perugia, Brescia and Novara, offering direct access to the major logistics corridors. The portfolio is fully let.