Italy's Settimo Sviluppo has unveiled plans to develop a 91,000 m[sup]2[/sup] retail park in Settimo Torinese, on the outskirts of the Italian city of Turin. The Settimo Cielo scheme will become the largest retail park in Northern Italy after completion in 2011.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
