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Union sells 32,000 square metres logistics property in Germany

Union Investment has successfully sold the logistics property with the address Langgewann 2 in Worms. The logistics property, which comprises around 32,177 square metres of leasable space, was acquired by Union Investment as a project and has been part of the institutional mutual fund UniInstitutional European Real Estate portfolio since 2007.

The parties have agreed not to disclose the purchase price. The property is located in a sought-after logistics location in the Rhine-Neckar region with connections to the Rhine-Main economic region.

Source: Europe-re.com on the 6th of October 2023

https://europe-re.com/union-invest-sells-logistics-property-in-worms-de/72206