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Prologis, Inc., the global leader in logistics real estate, today announced that it had signed an agreement with Spanish REIT Colonial to acquire 18 logistics buildings totalling 473,000 square metres.
Prologis Reports Second Quarter 2019 Earnings Results and Announces the Signing of a Definitive Agreement to Acquire IPT
SAN FRANCISCO (July 15, 2019) – Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, reported results for the second quarter of 2019 and announced that, subsequent to quarter end, it has signed a definitive merger agreement to acquire Industrial Property Trust Inc. (IPT).
Prologis, Inc., the global leader in logistics real estate, today announced new leases with the prominent maritime and port services giant Noatum Logistics and with shipping and logistics leader SEUR. The 10,580 and 5,220 square meter units are part of a 23,500 square meter facility at the PLV (Valencia Logistics Park) in Ribarroja, the second development to be completed by Prologis at the site in the last two years.