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Reuters: Norway wealth fund, Prologis in $2 bln real estate acquisition
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Reuters: Norway wealth fund, Prologis in $2 bln real estate acquisition
Business
Date posted: 03.12.2019
Category: Business News
OSLO, Nov 25 (Reuters) – Norway’s sovereign wealth fund and property investment group Prologis Inc have agreed to jointly buy a $1.99 billion logistics real estate portfolio, Norges Bank Investment Management (NBIM) said in a statement.
“The portfolio consists of 127 properties located across multiple U.S. markets, including Southern California, San Francisco Bay Area, Seattle and Dallas,” it added.
Read entire article HERE.
Source: Reuters