The project reflects PATRIZIA’s commitment to delivering on its new mid-term strategy to become a EUR 100bn real assets investment manager by 2030.

The first phase will involve a EUR 150 million investment.

The completion of the significant €180 million project is expected by 2027.

The assets, representing 130,000sqm.

The property value of the acquisitions amounts to c. €24.1m.

Full operation is expected by the end of 2029.

Trafalgar Trading Estate comprises 11 units totalling over 79,000 sq ft of industrial space.

The brand-new Frigoserve facility is located in the Nynäshamn Municipality of Stockholm County.

The asset located in Schimatari was acquired for €6,367,858.

It employs over 2,500 people in Greater China and across Asia, Europe, South Africa and the US.