Manova Partners completes its first logistics acquisition in Italy, purchasing two Class A logistics properties near Modena

Munich/Milan, 27th March 2026. Manova Partners has acquired two logistics properties in Campogalliano near Modena for a separate account. Completed in 2022, these Class A properties form part of the headquarters of one of the main Italian third-party logistics providers and follow the latest ESG standards.

This transaction once again confirms Manova Partners’ conviction in the logistics sector, particularly in the Italian market, where we are seeing attractive risk-adjusted returns.

The properties are LEED Gold-certified and feature a 4.8 MW photovoltaic system. They therefore meet current sustainability and energy efficiency standards in the logistics sector.

The properties are situated in the greater Bologna area, an established logistics market in Italy. The region forms part of the Mediterranean TEN-T core corridors and serves as a key hub for north-south and east-west traffic. Furthermore, the site is situated directly at the junction of the A1 (Autostrada del Sole, Milan–Naples) and A22 (Autostrada del Brennero, Modena–Austrian border) motorways and offers direct links to the national and international transport network.

Nicolo Ottonello, Head of Transactions Southern Europe, Manova: “Both properties fit perfectly into our current strategy of acquiring first-class properties with value-enhancement potential in markets where we see increased demand potential in the future. These investments enable us to generate a stable cash flow whilst creating long-term value for our investors.”

With this transaction, Manova Partners is expanding its activities in the Italian logistics market. In total, the company today manages four properties in Italy on behalf of various clients and investment vehicles.

The debt financing is provided by pbb Deutsche Pfandbriefbank and totals €28 million for both properties. Dils acted as broker, RYZE was responsible for technical due diligence, Orrick provided legal advice, and EY handled tax matters.