YARD REAAS acted as technical advisor for Savills IM in the acquisition of two logistics platforms located within the logistics hub of Castel San Giovanni, in the province of Piacenza: the assets were sold by DIE Italy SICAF S.p.A. – managed by IQ EQ Fund Management Limited for Deka Immobilien – to Savills Investment Management on behalf of institutional investors represented by JP Morgan Asset Management.

Situated within the Castel San Giovanni logistic park - recognised as the hub of excellence in Northern Italy and used by leading operators in the supply chain, retail, and e-commerce sectors - and directly connected to the railway junction, the two assets have a gross floor area of approximately 100,000 sqm and 65,000 sqm respectively and are currently leased to three majors international 3PL companies.

In the sale process, YARD REAAS assisted Savills IM and JP Morgan as a technical advisor by conducting Technical Due Diligence activities.