Prologis and GIC Form $1.6 billion U.S. Build-to-Suit Logistics Joint Venture - Prologis (NYSE:PLD)
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Prologis and GIC Form $1.6 billion U.S. Build-to-Suit Logistics Joint Venture - Prologis (NYSE:PLD)
Partnership to Fund Build-to-Suit Distribution Projects Across Major U.S. Markets SAN FRANCISCO and SINGAPORE, March 19, 2026 /PRNewswire/ -- Prologis, Inc. (NYSE:PLD) and GIC, a leading global institutional investor, have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets, the companies announced today. The new venture includes $1.6 billion in combined capital commitments, which i…
GIC Teams With Prologis on $1.6B US Logistics Venture
GIC has partnered with Prologis to form a $1.6 billion joint venture focused on build-to-suit logistics developments across the US, as the Singapore sovereign giant continues to target customised warehouse assets. The venture will deploy $1.6 billion in combined commitments... Read More>> The post Singapore’s GIC Teams With Prologis on $1.6B US Logistics Venture appeared first on Mingtiandi.
Prologis and GIC form $1.6bn US build-to-suit logistics JV
PRESS RELEASE Prologis and GIC Form $1.6 billion U.S. Build-to-Suit Logistics Joint Venture Partnership to Fund Build-to-Suit Distribution Projects Across Major U.S. Markets SAN FRANCISCO and SINGAPORE, March 19, 2026 – Prologis, Inc. (NYSE: PLD) and GIC, a leading global institutional investor, have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets, the companies announced today…
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