Bain Capital and Stoneweg have initiated the acquisition of a €200 million portfolio of six logistics warehouses in Italy, reflecting a strong commitment to the growing logistics market.

Target Information

Bain Capital and Stoneweg, through their Italian joint venture (JV), have agreed to forward purchase a portfolio worth €200 million from VLD, a prominent Italian logistics developer. This portfolio consists of six Grade A logistics warehouses spread across three strategic locations, totaling 225,000 square meters of Gross Leasable Area (GLA). The joint venture now boasts an impressive aggregate of 330,000 square meters across five projects in Italy, with a Gross Development Value (GDV) of approximately €500 million.

The portfolio includes developments in key logistics hubs, highlighting the JV's strong belief in the logistics sector. The strategic locations will help meet the increasing tenant demand spurred by demographic changes and evolving consumer behaviors. All assets are planned to meet the highest Grade A standards, aiming for LEED Gold ESG certification, thus reflecting the JV's commitment to sustainability and excellence.

Industry Overview in Italy

The Italian logistics sector has seen a remarkable turnaround, characterized by a robust demand structure and low vacancy rates. In 2025, the industry's performance reflected an impressive year-on-year investment activity