Prologis snaps up €2.84b US industrial portfolio from Blackstone

By Isobel Lee 2023-06-26T00:00:00

Prologis has struck a deal with Blackstone to acquire nearly 14 million ft2 (1.3 million m2) of industrial properties across the US from opportunistic real estate funds affiliated with Blackstone for $3.1 bn (€2.84 bn), funded by cash.

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