Singapore's sovereign wealth fund GIC partnered with Prologis to invest $2 billion in logistics properties across the United States.
Awaiting deeper analysis — enrichment pipeline in progress
“Together, we're expanding that success in Europe—combining long-term capital with our operating platform to scale high-quality logistics assets across key markets.”
“Despite a 15% rise in capex due to supply chain issues, we achieved a 97.1% occupancy rate and an 8.2% increase in rental rates year-over-year.”
“This joint venture with GIC builds on that momentum by pairing our platform and development expertise with a partner that shares our long-term perspective.”
“Build-to-suit activity continues to be one of the clearest signals of customer conviction across our business.”
“The U.S. industrial market is a strong long-term investment theme.”
“Build-to-suit activity continues to be one of the clearest signals of customer conviction across our business.”
“With strong e-commerce growth, the re-shoring of supply chains and resilient consumer spending, industrial remains a strong long-term investment theme in North America.”
End of Intelligence Report · 0 Sources Verified