Prologis lancia in Cina una JV da un miliardo di dollari

Prologis, Inc. (NYSE:PLD), the leading global owner, operator and developer of industrial real estate, today announced the formation of Prologis China Logistics Venture 2. The venture’s investment strategy is to build, acquire and manage logistics properties in its global markets in China. This venture follows Prologis China Logistics Venture 1 which was formed in March 2011. As with the first venture, Prologis will be partnering with HIP China Logistics Investments Limited. The venture has potential investment capacity of over $1 billion, including $588 million of committed equity.
“We are pleased to extend our relationship with HIP China Logistics Investments and are jointly committed to continuing our successful partnership in this new vehicle,” said Gary Anderson, CEO, Prologis Europe and Asia.  “With strong growth in consumption and a limited supply of Class-A distribution space, the Chinese logistics market continues to present compelling investment opportunities.”
Source : Company