Allen & Overy has advised the financial institution providing the financing to the Italian logistics multi-asset fund Fondo Traianus, managed by Kryalos Sgr and entirely subscribed by Global Logistics Properties – GLP, one of the leading logistics investors globally.
The transaction, which involves the financing of a logistics assets portfolio for a total of 165,000sqm, demonstrates the strength of both the investor and the logistics sector even in these complex times for the debt market, and represents one of the most notable real estate financings in Italy in this first part of the year.
The A&O team advising on the transaction was led by partner Sennhauser Stefano and associate Marco Mazzola, supported by trainee Gianmarco Volino. Counsel Elia Ferdinando Clarizia, together with associate Simona Simone, assisted on the tax aspects, while a team led by senior associate Roberta Errico provided support on real estate profiles. A team from our Luxembourg office led by counsel Andreas Hommel, and comprising senior associate Alexis Poisson and associate Alexandre Champion provided Luxembourg law advice.
