pbb provides €28m to Manova Partners for the purchase of two logistics assets in Italy

Munich/ Milan, March 27, 2026 – pbb Deutsche Pfandbriefbank acted as the arranger and sole lender of a senior debt financing totalling €28 million in respect of the 2 logistics assets purchased by a separate account managed by Manova Partners. The financing is geared towards the purchase of the two assets. 

The assets are located in Campogalliano, Modena, Italy. The logistics properties are very good quality warehouses in an established industrial location with direct access to intersection between two of Italy’s most important highways, the A1 highway (Milan-Naples) and the A22 (Modena-Brenner pass). The green assets comprise a total of over 50,000 m² gross lettable area and have earned a LEED Gold certification. 

About Manova Partners

Manova Partners (formerly GLL Real Estate Partners) is a Munich-based international real estate investment manager founded in 2000, specializing in office and the logistics sectors. Manova Partners has offices across four continents and manages assets across Europe, the US, Latin America and Australia for institutional clients. The firm is employee-owned, operating independently as of late 2024. The company focuses on prime, income-generating, and value-add real estate. For further information please look at https://manovapartners.com/