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Reed Smith advises PGIM Real Estate in a sale-leaseback operation with Fnac Darty

David Colin, a tax partner in the Paris office, advised PGIM Real Estate on the indirect tax aspects of the sale and leaseback transaction with the Fnac Darty group concerning a logistics platform in Mory. Situated near the Charles de Gaulle Airport, the platform spans over 77,000 square meters with a land area of approximately 163,000 square meters.

This new acquisition enables PGIM to strengthen its portfolio of assets in strategic European logistics markets.

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