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Prologis Inc forms $1 billion joint venture with Norges Bank Investment Management


Monday, 23 Dec 2013 08:30am EST 

Prologis Inc and Norges Bank:Says the signing of a definitive agreement to form Prologis U.S. Logistics Venture (USLV).Says upon closing, the venture will acquire a $1 bln stabilized portfolio of 66 logistics facilities totaling about 12.8 mln square feet across the U.S.Says the venture is expected to close in Jan. 2014. 

Company Quote

42.5
-0.14 -0.33%
19 Dec 2014