SEGRO appoints Luca Sorbara to lead business in Italy
SEGRO, a leading owner, manager and developer of modern warehouses and industrial property, has appointed Luca Sorbara as Head of Italy, responsible for operations in the Italian market
Luca has been SEGRO’s Co-head of Italy since April 2023 during which time he has overseen the full integration of Vailog into SEGRO following the Group’s acquisition of the final 5% of shares in April 2023, as well as a number of strategic acquisitions and disposals. He joined the company in 2016 and previously held the role of Head of Development and Investment.
The appointment coincides with the end of the integration period and the formal dissolution of Vailog S.r.l which has become SEGRO Italy S.r.l.
Concurrently, Giulio Della Torre has decided to leave the business to take up a new role and professional challenge.
Marco Simonetti, Managing Director for Continental Europe, SEGRO, said:
“Luca has played a major role in leading and integrating the former Vailog team into SEGRO over the last 18 months and I’m very pleased that he has accepted the challenge of continuing to grow and enhance our portfolio in the Italian market. Italy is our 4th largest market by value, we have a fantastic technical and asset management team and I’m confident that under Luca’s leadership they can continue to flourish.
“I also want to thank Giulio for his contribution to SEGRO and for his work with the team to deliver some fantastic developments in our Italian portfolio and we wish him well for the future.”
About SEGRO
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.
For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing (including data centres) located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.
A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent.
Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company.