Prologis raises more capital for China logistics platform
Prologis, an industrial real estate investment trust (REIT), has raised another $588 million for Prologis China Logistic Venture, a platform used to acquire and manage logistics properties in China.
According to a statement, $500 million is being contributed by HIP China Logistics Investment and $88 million by Prologis. HIP is understood to be a subsidiary of sovereign wealth fund Abu Dhabi Investment...
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