Brief
Prologis, GIC Form $1.6B Industrial Build-to-Suit Joint Venture
The world’s largest owner of industrial space and one of the world’s largest sovereign wealth funds have, unsurprisingly, joined forces. San Francisco-based Prologis and Singapore’s GIC have formed a
Summary
The world’s largest owner of industrial space and one of the world’s largest sovereign wealth funds have, unsurprisingly, joined forces.
San Francisco-based Prologis and Singapore’s GIC have formed a $1.
6 billion joint venture targeting build-to-suit logistics developments across the U.S. The JV includes an existing portfolio of 4 million square feet, with undefined “additional capacity” […]
Source
- Commercial Observercommercialobserver.com
