NYSE:PLDIndustrial REITs
Does Prologis’ US$1.6 Billion GIC JV Reframe Its Asset-Light Strategy For Long-Term Investors (PLD)?
In March 2026, Prologis, Inc. and GIC announced a US$1.60 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets, anchored by an initial 4.10 million-square-foot portfolio and additional capacity for future investments.
The venture, housed within Prologis Strategic Capital, deepens the company’s role as an asset manager by pairing its development and operating platform with long-term institutional capital and demand-driven, pre-leased...