Aquila Capital enters Italian real estate market

Aquila Capital has entered the Italian real estate market through the development of 104,000 square meters (1.1 million square feet) of sustainable logistics space in Tortona, Italy.

Rolf Zarnekow, head of real estate at Aquila Capital, said, “In addition to our current developments in Spain and Portugal, we are now also entering the Italian real estate market with the project in Tortona. The increasing demand for high-quality logistics properties in Southern Europe and this excellent, established logistics location in the northwest of Italy form an attractive investment prospect for our institutional investors.”

All buildings will have BREEAM certificates and roof-mounted solar panels as part of Aquila Capital's strategy to develop sustainable logistics investments. In addition, the carbon dioxide emissions of the plant during operation are to be fully offset by the financing of renewable energy projects. Construction is scheduled to commence at the beginning of