BERLIN – Dec. 13, 2024 – Greenberg Traurig advised GLP Capital Partners (GCP) on the acquisition of three German logistics properties from SEGRO European Logistics Partnership (SELP). The fully let portfolio comprises properties in Neuenstadt, Grevenbroich-Kapellen, and Malsfeld with a total lettable area of 129,000 square meters. The value of the transaction has not been disclosed.
GCP is a leading global alternative asset manager specialising in real assets and private equity.
The Greenberg Traurig team supported GCP in the negotiation and drafting of the purchase agreement as well as in the legal and tax due diligence.
Background:
This transaction builds on Greenberg Traurig's longstanding relationship with GCP regarding logistics transactions. Most recently, the firm advised the company on the acquisition of a property in Philippsburg, near Karlsruhe, as part of a sale-and-leaseback transaction.