LaSalle acquires fulfilment center in Verona, Italy, on behalf of Encore+

LaSalle Investment Management acquired Verona DC1, a fulfilment center in Verona, Italy, a center of strategic importance connecting Northern and Southern Europe.

The asset was acquired on behalf of Encore+, LaSalle’s flagship Pan-European fund, from DeA Capital Real Estate SGR, through Fondo Logita, on behalf of SEGRO European Logistics Partnership (SELP).

The state-of-the-art e-commerce distribution hub was built in 2019 by Vailog (a SEGRO Group Company) and comprises a lettable area of 128,000 square meters (1.4 million square feet) split across a ground-floor area, mezzanine spaces and office and service areas. Built to the highest environmental and technology standards, the hub achieved a DGNB Platinum-level certification, which recognizes the environmental, economic, sociocultural, functional and technical quality of assets.

The distribution hub is situated within the economic powerhouse belt of Northern Italy, which serves as a strategic gateway to the