Clifford Chance

Clifford Chance advises Allianz Real Estate on tax aspects of its real estate acquisition from Testa

Clifford Chance has advised Allianz Real Estate on the complex tax aspects of its real estate acquisition from Testa Residencial, through a SOCIMI structure. Allianz's acquisition of a Private Rented Sector (PRS) portfolio includes 250 housing units and more than 4,000 sqm of retail premises and storage rooms close to Madrid's financial district.

The Clifford Chance team was led by Pablo Serrano de Haro, Global Head of Tax, Pensions, Employment & Incentives, with the support of Madrid Associates Julia Villalón, Fernando Escribano and Marta Rodríguez.