VGP NV (ENXTBR:VGP) and Pimco Prime Real Estate agreed to acquire logistics portfolio of 11 buildings from VGP European Logistics 2 S.à r.l. on May 24, 2023. The transaction with VGP European Logistics 2 will be the 4th closing between VGP and this joint venture and amounts to a value of ?253 million with gross proceeds of ?197 million. The transaction, which is due to close in the first half of June.

Lukas Hejduk of CMS Cameron Mckenna V.O.S acted as legal advisor to VGP NV (ENXTBR:VGP). Ernst & Young Abogados, S.L. acted as Due diligence Provider to VGP NV (ENXTBR:VGP).