CC advises Prologis on logistic assets purchase

Clifford Chance has advised US Real Estate company Prologis on the acquisition of a logistic portfolio for €164 million

As announced last week by Iberian Lawyer, Prologis, the largest owner, operator and developer of industrial Real Estate in the USA, has executed the purchase option agreed with Colonial, completing the sale of 414,000 square meters of Colonial´s logistics portfolio in Spain.

The €164 million operation closes a total divestment of €425 million by Colonial.

Clifford Chance advised Prologis with a team formed by Real Estate associates Ángel Vizcaíno (pictured left) and Natalia García (pictured right), together with Real Estate junior associate Itziar Kraus.