Global law firm Dentons advised GLP, a leading investor and developer of logistics warehouses and distribution parks, in relation to the acquisition of a portfolio of seven logistics assets in Italy from "CCP IV IREF 2" Fund managed by Tristan Capital Partners and Celio Fund managed by BNP Paribas REIM SGR.

The assets are all grade A rated and have a total combined area of more 200,000 sq.m. They are located in the two main logistics hubs in Italy, Milan and Rome. Connected to major motorways, the properties are leased to leading players in the supply chain, transport, cosmetics and hospital equipment sectors.

Dentons acted with a multidisciplinary and multijurisdictional team led by partners Federico Sutti, Evan Lazar and Stewart Middleman, with support from associate Cristina Garlaschelli and trainee Marco Bertolo for real estate aspects; partner Federico Vanetti, with senior counsel Elena Macchi and associate Carla Piccitto, for administrative and environmental aspects; as well as partner Andrea Fiorelli, counsel Matteo Chinaglia and associate Simone Bertolami for tax aspects.

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