Lug 29, 2019

LIUC University of Cattaneo

The panorama of real estate for logistics use consists of various types, often classified according to their size, function and structure. There is actually no objective criterion available to classify them according to quality and functionality, identifying both their logistics use and standard of quality.

In 2018, LIUC University of Cattaneo set up the OSIL Observatory to study the world of logistics real estate and develop an objective quality assessment model, attributing 1 to 5 stars to storage warehouses or distribution platforms acting as transit-points.

The rating model, accessible free of charge from the www.osil.it site, can be used by property owners, investment funds and logistics operators wanting objective information, based on market-derived indications of the quality of the real estate they are considering.

During the OSIL Observatory’s first year of activity, researchers from LIUC University of Cattaneo analysed more than 150 logistics properties in Italy, for a total of 3 million covered square metres. In the next few months, a number of specific industrial sectors will be analysed in detail, starting with supermarket chains and their distribution centres. These properties are at the centre of new investments in the logistics real estate world and are particularly important for the logistics sector as they use innovative automation systems to handle products and systems to improve energy sustainability.

Throughout 2019, through an advisory board consisting of the most important supermarket chains and logistics real estate companies, the OSIL Observatory will continue to analyse warehouses in Italy, reviewing the structure of the rating model to enable a correct analysis of the quality of supermarket distribution centres handling both ambient temperature and chilled[EL1]  products.

The first meeting in the 2019 edition took place on 7 May, with the participation of the logistics managers of leading supermarket chains, such as Bennet, Conad, Coop, Cortilia, Esselunga and Sigma, together with a number of logistics operators including Brivio & Viganò and Italtrans.

The results of the new research activities will be presented in a plenary conference during the next Green Logistics Expo to take place in March 2020, with the participation of companies collaborating in the research.