Aquila Capital strengthens its green logistics business in Italy with acquisition in Ferentino
- Green Logistics by Aquila Capital, the logistics business of Aquila Capital, has acquired a new plot in Ferentino, in the Frosinone district of Lazio
- The Sacco Green Logistics Park involves the development of a warehouse on a site of approximately 68,000 square metres, with construction scheduled to begin in the first quarter of 2023
Green Logistics by Aquila Capital, the logistics business of Aquila Capital, has finalised the purchase of a site of approximately 68,000 square metres for the development of a new logistics hub in Ferentino, near Frosinone, south of Rome. The Sacco Green Logistics Park is Green Logistics by Aquila Capital’s third logistics investment project in Italy. It follows the completion of a first warehouse at the Tortona Green Logistics Park which is being extended with a 103,000 square metre warehouse development, and further expands Aquila Capital’s logistics assets portfolio, which already encompasses a total rentable area of about 825,000 square metres across various logistics parks in Europe.
Aquila Capital plans to build state-of-the-art “turnkey” logistics spaces which can be tailored precisely to the needs of tenants. This latest project will comprise a warehouse of approximately 33,000 square metres and will include a 1,600 square metre office area and will be built ‘on speculation’, i.e. without a specific tenant mandate.
The plot is located within the industrial area of Frosinone, in a key position in terms of logistics due to its proximity to the A1, Autostrada del Sole, which offers excellent connections to Rome and Naples.
Sustainability criteria form part of Aquila Capital’s DNA. This project, in common with all Green Logistics by Aquila Capital assets, will be developed following strict energy efficiency and sustainability standards in supply chains and construction in order to reduce CO2 emissions. Measures will include the attainment of BREEAM certification, the installation of rooftop photovoltaic panels and compensation for CO2 emissions. These standards will help customers and future tenants of the company’s assets to comply with their own CSR and ESG policies. At the same time, they will help reduce tenants’ energy costs.
Jens Höper, Team Head Investment Management Logistics at Aquila Capital, comments: “Italy is a very attractive market for logistics investments due to its exceptional continental location and the tremendous growth of e-commerce in the last two years. We observe an increasingly competitive market that strongly demands sustainable and modern logistics solutions, with the majority of the Italian logistics park now obsolete. With a long-established commitment in this area, Aquila Capital can meet these needs with innovative and green logistics hubs developed in strategic locations close to metropolitan areas”.
Ruggero Caso, Senior Commercial Manager Logistics at Aquila Capital, adds: “We are convinced that the logistics sector in Italy still has ample room for growth and improvement. Our logistics assets offer sustainable and innovative solutions and meet the current demand from companies for ESG compliant assets. Our goal is to continue to select and acquire the best investment opportunities based on an accurate and in-depth analysis of potential projects”.