Investment Highlights
- Spazio was established to address the demand needs for industrial space from Northern Italy’s design and manufacturing sectors.
- Alpine Grove partnered with an established operator and local market participant. The venture acquired assets primarily through sale and lease-back transactions with Italian corporates.
- The business plan included converting redundant industrial facilities into logistics and warehouse space.
- Spazio became one of Italy’s largest industrial platforms at that time and consisted of income producing logistics, warehouse, industrial, office and event spaces.
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