Milan, 25th November 2024 –GLP, a leading global business builder, owner, developer, and operator of logistics real estate, digital infrastructure, renewable energy, and related technologies, today celebrates the fifth anniversary of the opening of its first office in Milan, Italy. Since opening its first office in autumn 2019, GLP has grown into one of the leading operators and developers of real estate logistics assets in the country.
Over the last five years, GLP has grown its operations and portfolio year on year and today incorporates 32 assets across the country’s key logistics centres with a further two currently under development. Its combined footprint is now close to one million square meters of space.
65% of the properties in GLP’s portfolio are located in close proximity to the key business centre of Milan where it has built a strong presence through a range of acquisitions and development activity. This includes the 2022 acquisition of a 46,000-square-metre property in Arese, the development of G-Park Cameri in the province of Novara and acquisitions in Inveruno (NO) and Landriano (PV) in 2023.
More broadly, GLP has established a firm presence in Veneto through the acquisition of three properties in Nogarole Rocca (VE) acquired in 2022 and the construction of the G-Park Valsamoggia (BO), delivered in 2024 to tenants, including the motorcycle manufacturer Ducati.
In the Rome metropolitan area, a region of increasing logistics significance for a wide range of existing and potential occupiers, GLP has delivered five assets in Pomezia, Colleferro and Anagni, with two more currently under construction.
Marco Belli, Country Director of GLP Italy commented: “As a team we have been able to achieve a huge amount over the last five years. Our collective success is perhaps best exemplified in the fact that within our portfolio over the last five years we have been able to deliver approximately 1,000 square meters logistics assets per day to the market. We would like to thank our customers for their trust, but also our management, investors, our partners and suppliers.”
“We look forward to our next phase of growth and the delivery of our new properties currently under development in Filago and Colleferro.”
Media contact:
GLP Italy
Elisabetta Terzariol
M +39 349 6905604