Prologis Completes Sale of 157,645 Square Metre Portfolio in Northern Europe
Prologis, Inc., the global leader in logistics real estate, today announced the sale of a portfolio of assets in Germany.
The portfolio comprises five stabilised assets in Bad Hersfeld, Borken, Bremerhaven, Hassfurt and Neunkirchen.
“The sale of these assets enables us to further optimize our position within the German market,” says James Quill, director, transactions, Prologis Europe. “In line with our business strategy, this transaction underscores our commitment to streamlining our portfolio and creating superior value for our customers and investors.”
JLL acted as a broker for the seller.