Cromwell Property Group, in partnership with Korean real estate investment manager IGIS Asset Management, has announced the settlement of seven DHL logistics assets in Italy for €51m. This will be funded by a new five-year loan facility of $29.8m secured at the property level along with IGIS equity commitments and drawdown of existing CMW facilities.
Cromwell and Korea’s IGIS Complete €51M Italian Logistics Portfolio Buy
Seven Assets in Northern Italy Are Fully-Let to DHL
By Sharon Smyth
CoStar News
October 8, 2020 | 8:12 AM
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