Spazio Investment to buy real estate asset from Ortensia for 31.5 mln eur

Spazio Investment NV said it has submitted a binding offer to buy a real estate asset from Ortensia Srl for about 31.5 mln eur. The property, located in Melzo, about 20 kilometres east of Milan, is almost entirely leased to Sogemar Spa, Interpacking Logistic Spa and Interservices Srl. It is one of the largest freight terminals in the Milan area, with an estimated open market value of 33 mln eur at July 2007, Spazio Investment said in a statement.