Reggiolo
Currently managedFund: AREFOOD
Strategy: Core
Submarket: Reggio Emilia, IT
Square footage: 900mq
Acquisition: Q4 – 2022
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The property consists of a building developed on a single level for commercial use within a business park in Reggiolo, in the province of Reggio Emilia.
The location is particularly favourable for a property of this kind as it is located along the main thoroughfare of the town, Provincial Road 43; in addition, the adjacent business park and access to the A22 motorway only 4 minutes away make it a point of convergence for people living nearby.
The property is leased to IN’s Mercato S.p.A., a supermarket/discount chain operating in the large-scale retail sector, while the investment strategy is a “buy and hold” one, with an exit linked to the portfolio as a whole.