CBRE Investment Management Secures Landmark Eight-Asset Logistics Portfolio in Italy

CBRE Investment Management ("CBRE IM"), on behalf of a fund sponsored by the firm, has acquired a portfolio of eight logistics assets strategically located across Italy's five largest logistics corridors, representing a significant step in expanding CBRE IM's European logistics platform.

The portfolio totals approximately 327,000 sqm of gross lettable area. All eight assets were disposed of by different real estate Funds, managed by primary Italian GPs and underwritten by Techbau and BGO. All the assets are strategically distributed across four of Italy's most established logistics submarkets: three assets in the Bologna market, three in the Rome area, one in the Milan market and one in Verona.

Each location benefits from direct access to Italy's primary motorway network, with strong connectivity to the A1 Milan-Naples corridor, the A14 Adriatic motorway and the A22 Brenner corridor, positioning the portfolio to serve both national distribution and cross-border European trade flows.

All assets are newly built to Grade A specifications with strong sustainability credentials, including LEED Platinum or Gold certification for all schemes, offering occupiers modern design, high-quality warehousing and strong connectivity to major transport routes. Several sites also provide residual buildable surfaces, creating opportunities for future development.

Seven of the eight assets are equipped with solar photovoltaic installations, delivering a combined capacity of more than 23 MWp, enhancing operational efficiency in line with CBRE IM's environmental goals and the fund strategy.

Current portfolio occupancy is at 100%, with a tenant mix that includes third-party logistics operators, luxury fashion, DIY, home improvement retail and food service distribution, ensuring strong covenant quality and alignment with structural growth drivers in the Italian market.

"This is a truly unique opportunity," said Sandro Campora, Head of Transactions Italy at CBRE Investment Management. "We don't believe a portfolio of this scale and quality has ever come to market in Italy before, which speaks to its strategic importance. Securing these Grade A assets in the country's most critical logistics corridors allows us to deliver long-term, resilient income streams, while advancing our sustainability goals, and demonstrates our team's ability to identify and capture exceptional opportunities in highly competitive sectors."

"We believe this acquisition represents a compelling opportunity to deliver long term value for our investors," said Antonio Simontalero, Portfolio Manager at CBRE Investment Management. "By securing a portfolio of Grade A, highly sustainable assets in Italy's most strategic logistics corridors, we are positioning the fund to benefit from resilient income streams and structural growth drivers such as e-commerce and supply chain reconfiguration. The combination of prime locations, strong tenant covenants, and embedded development potential ensures we can create long-term performance while meeting our clients' sustainability objectives."

About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $155.2 billion in assets under management^* as of March 31, 2026, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE's data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit https://www.cbreim.com.

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management's presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.