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Spazio
Platform:
Spazio
Year Established:
2002
Sector:
Industrial
Region:
Italy
Total Capitalization:
$753 million

Realized investment

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 well-connected 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 Italy’s largest industrial platform and consisted of income producing logistics, warehouse, industrial, office and event spaces.
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