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POELLATH advises Union Investment on sale of logistics center in Dieburg, Germany
Union Investment has successfully sold the logistics property at Im Gelfengarten 1-9 in Dieburg to Clarion. The property was included in the portfolio of the real estate fund “UniImmo: Deutschland” since 2015. The parties have agreed not to disclose the purchase price.
The approximately 100,000 m² megacenter is operated by Fiege for tire supplier Pirelli and is located in the center of the Rhine-Main-Neckar metropolitan region.
POELLATH advised Union Investment on all tax matters related to the sale with the following Berlin-based team:
- Sören Reckwardt (associated partner, lead, tax)
- Dr. Hardy Fischer (partner, tax)
Timo Kopmann supervised the sale for Union Investment’s internal tax department.