04 June 2019 – Gazeley, a leading investor and developer of logistics warehouses and distribution parks, announced today that it has opened a new office in Milan and is appointing Roberto Piterà as the Country Manager, Italy.
This re-entry to the market signifies Gazeley’s commitment to its ambitious expansion programme across Europe following its successful return to Spain last year. The immediate priority in Italy will be to source and acquire new land for development to allow Gazeley to support its customers in this market. Gazeley also intends to grow its platform and customer base in Italy through selective acquisitions.
Roberto Piterà, previously head of the industrial & logistics department at CBRE, will take on the role of Country Manager for Italy and will report to Fabrice Cervoni, General Manager for Southern Europe. Piterà brings with him over twenty years of experience in the industrial property and logistics sectors, accrued at companies including Pirelli RE and JLL.
Fabrice Cervoni, Managing Director for Southern Europe, said: “After our successful return to Spain in 2018, we look forward to establishing a presence in Italy with the opening of the new Milan office. The addition of Roberto, who is one of the most experienced logistics real estate professionals in Italy, will be hugely valuable as build operations to support our customers.”
Roberto Piterà, Country Manager, Italy, said: “This is a very exciting time to join Gazeley. With the logistics market enjoying continuous growth and consistently high levels of demand for modern and high-quality warehouses, Gazeley is exceptionally well positioned to capitalise on the opportunities in Italy. My first priority is to continue to offer both new and existing clients the exceptionally high levels of service and innovation which Gazeley is known for.“
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Gazeley is a leading developer, investor and manager of European logistics warehouses and distribution parks with a 1.7 million square metre portfolio concentrated in the strategic logistics markets of the UK, Germany, France, Spain and the Netherlands. In addition to its operating portfolio, which is 98% leased to blue chip customers such as Amazon, UPS and Volkswagen, Gazeley has a prime land bank which allows for the development of an additional 1.5 million square meters. Gazeley is GLP’s Europe platform.
GLP is a leading global investment manager specializing in logistics and related technology investments, with US$64 billion of assets under management in real estate and private equity funds around the world. The Company’s real estate fund platform is one of the largest in the world, spanning 73 million square meters (785 million square feet). In 2019, GLP was recognised by Private Equity Real Estate (PERE) as Global Firm of the Year and Logistics Investor of the Year.
For further information about Gazeley please go to www.glp.com
For further information about GLP please go to www.glprop.com