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Wistrand advises Allianz Group on acquisition of logistics property

03/05/2022

Allianz Real Estate has acquired a 70,000 square metre logistics facility in Norrköping from Swedish logistics developer Infrahubs.

Allianz Real Estate has acquired a 70,000 square metre logistics facility in Norrköping from Swedish logistics developer Infrahubs. Allianz Real Estate acquired the asset for around EUR 85 million on behalf of several companies in the Allianz Group for its growing Nordics portfolio. The acquisition of the logistics facility is also intended to support Allianz Real Estate’s commitment to ESG through the installation of one of the largest solar panel arrays in Sweden.

Wistrand advised Allianz as part of an international team from CMS led by partners Volker Zerr and Kai Wallisch. Wistrand’s team has been led by partner Robert Kullgren together with senior associates Joel Björnfot, Emil Dalén and Sandra Kolmodin.

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