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6.55%

Net Initial yield at acquisition

9,095

Total sqm

Rate 100%

Occupancy

DHL Express (Italy) Srl

Tenant

31.12.2022

Lease Expiry Date

Location

The North Milan area, where the asset is located, is one of the prime areas in Italy. The excellent connection to the main motorways (A8 and A9 to Switzerland, A4 to Venice) as well as the proximity with main Malpensa international airport and FieraMilano exhibition center result in strong demand for space in this area, where the vacancy rate for couriers properties is almost nil.

Tenant

DHL Express is a company specialized in postal and delivery services which operates in Italy since 1979. From this property DHL distributes parcels and packages to the whole Milan area.

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