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POELLATH advises Union Investment on the sale of a logistics portfolio to Prologis
Union Investment has successfully sold a logistics portfolio to Prologis. The portfolio compris-es five logistics properties with a total rental area of around 139,000 square metres. The fully leased assets are located in Dortmund (two sites), Worms, Bönen and Herne.
POELLATH provided comprehensive tax advice to its longstanding client Union Investment in connection with the transaction with the following Berlin-based team:
- Sören Reckwardt (associated partner, lead, tax)
- Dr. Hardy Fischer (partner, co-lead, tax)
Timo Kopmann handled the sale for Union Investment’s internal tax department. Civil law advice to Union Investment was provided by Dr. Dirk Debald and his team at Hogan Lovells.
