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Rhenus Expands with a Second 10,000 sqm Unit at Giovi Logistics Park

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Rhenus has signed a new lease agreement with Garbe Industrial Real Estate Italy ("GARBE"), further expanding its presence at Giovi Logistics Park in Silvano Pietra (PV). With the addition of a second 10,000 sqm A2 unit, Rhenus has doubled its footprint at the facility, bringing its total operational space to 20,000 sqm.

This new agreement strengthens the partnership between the global logistics provider Rhenus and GARBE, reinforcing its presence in Northern Italy, one of the most strategic regions for international logistics. The expansion comes just months after Rhenus became the first tenant of Giovi Logistics Park in 2024.

Developed by GARBE in collaboration with SFO Capital Partners and managed by Prelios SGR, the Giovi Logistics Park is one of the most advanced logistics hubs in the Lombardy region. Strategically located along the Milan-Genoa corridor, with direct access to the A7 motorway, it offers seamless connectivity to key commercial routes between Northern Italy and Mediterranean markets, as well as direct links to the Port of Genoa, one of the country’s major container hubs.

The facility spans a total of 83,000 sqm and is LEED Platinum certified, meeting the highest environmental and social standards. Designed to support modern supply chain demands, the park features modular, high-efficiency spaces. Each independent 10,000 sqm unit includes dedicated logistics areas, office spaces, loading zones, and over 300 car parking spots, along with 24 truck parking spaces.

The expansion of Rhenus at Giovi Logistics Park reflects its commitment to delivering cutting-edge logistics solutions with a focus on sustainability and operational efficiency, meeting the evolving needs of the global market.

"Our expansion at Giovi Logistics Park strengthens our role as a strategic logistics hub, supporting both domestic and international road transport. With prime access to major road networks, this location along the Milan-Genoa axis enhances connectivity to Ligurian ports and Malpensa Airport, ensuring smooth and efficient handling of goods by sea and air. Thanks to state-of-the-art infrastructure, we can provide our customers with integrated logistics solutions that enhance the competitiveness of their supply chains, both nationally and internationally. We are pleased to deepen our partnership with GARBE and invest in spaces that support our growth and the market’s evolving demands," said Guglielmo Davide Tassone, Regional Manager Southeast Europe, Business Unit Road Freight at Rhenus.

"We are thrilled to continue our collaboration with Rhenus, a highly esteemed partner that recognizes the added value of Giovi Logistics Park," said Mariangela Conte, Head of Asset Management at Garbe Industrial Real Estate Italy. "Securing an expansion lease with an existing tenant—who is already familiar with the site and the functionality of the space—validates the high construction quality and attractiveness of our logistics hub. We are continuing our leasing activities for the remaining three units with great confidence."

Nicola Sajeva, Director Asset & Development Management at Prelios SGR, added: "This new lease with Rhenus, a global logistics leader, underscores Prelios SGR’s ability to offer tailored solutions for highly specialized and sophisticated tenants. The transaction aligns with the strategy of the Giove Real Estate Fund, which is currently focused on strengthening its income profile. We are proud to have supported GARBE in this important development initiative."

Faustino Musicco, Head of Logistics, Last Mile and Data Centers Italy & Co–Head Industrial & Logistics Practice Group EMEA at Colliers, concluded: "We are extremely pleased to assist GARBE in this key project, which continues to set the standard for modern logistics in Italy. The expansion of Rhenus at Giovi Logistics Park is a clear testament to the quality and winning strategy behind this hub. Its strategic location and strong ESG credentials make it a top choice for major industry players."

The exclusive leasing mandate for the project has been awarded to Dils and Colliers.

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 7.5 billion. 40,000 employees work at 1,320 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

More About the Rhenus Group: https://www.rhenus.group/it/it

About GARBE INDUSTRIAL REAL ESTATE ITALY

Garbe Industrial Real Estate Italy is the Italian subsidiary of Garbe Industrial Real Estate GmbH ("GARBE"), a leading specialist in logistics, industrial, and technology real estate across Germany and Europe. Headquartered in Hamburg, GARBE boasts over 30 years of industry experience and manages real estate and land assets valued at approximately €10.6 billion.

The Italian branch has been active since 2021, operating from its Milan office under the leadership of Country Head Marco Grassidonio. Today, the team includes 10 professionals and oversees a portfolio of approximately 360,000 sqm of existing logistics properties.

Key milestones:

2022: Acquired 147,000 sqm of logistics properties for a total of €150 million and initiated the development of Giovi Logistics Park in Silvano Pietra (PV)—an 83,000 sqm LEED Platinum-certified facility, inaugurated in February 2024.

2023: Acquired the former Alimonti site in Covo (BG) to develop a new "green" logistics hub.

November 2024: Purchased a 265,000 sqm site in Tortona (AL) for the construction of a 102,000 sqm logistics complex, one of the largest along the Genoa-Milan corridor.

Beyond Germany and Italy, GARBE Industrial Real Estate operates in the Netherlands, France, Spain, the UK, Austria, Poland, the Czech Republic, Slovakia, and Luxembourg. The company is strongly committed to sustainability, ensuring high ESG standards across all its developments.

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