Press Releases 01 Feb 2021

LPA-GGV advises bauwo on the sale of a logistics property to UBS


Press Release, 2 February 2021

Munich, 1 February 2021  – LPA-GGV Munich has advised bauwo Grundstücksgesellschaft mbH on the sale of a new logistics hall in Bad Fallingbostel to a logistics real estate special funds managed by UBS.

The logistics property, built by bauwo on a site area of approx. 39,000 m², comprises a warehouse area of 19,200 m² and a mezzanine area of 2,800 m².

The property is currently not rented.

The parties have agreed not to disclose the purchase price.

LPA-GGV (Munich): Dr. Bernd Spieth (Partner, Lead Advisor, Real Estate), Katarina Krekovic (Local Partner, Real Estate)

REIUS (Hamburg): Annette Griesbach (Partner, Lead Advisor, Real Estate), Christina Hölder (Senior Associate, Real Estate)