Amazon plans to open two new fulfillment centers in Ohio
Amazon.com, Inc. plans to expand in Ohio by opening two new robotics fulfillment centers in Akron and Rossford. Amazon fulfillment centers will total more than 1.4 million-square-feet and...
ESR launches A$1 billion Australian logistics fund
ESR Cayman Limited (ESR), the APAC focused logistics real estate platform, has launched the ESR Australia Development Partnership (EADP), a new Australian develop-to-hold logistics...
Prologis closes $23bn Duke Realty acquisition
Prologis has completed its all-stock acquisition of Duke Realty Corporation for $23 billion, including the assumption of debt, following approval by the shareholders of Prologis and Duke...
Union Investment enters Asia Pacific logistics real estate market
Germany-based real estate investment manager Union Investment has entered the Asia Pacific logistics real estate market with the acquisition of West Anseong Logistics Center...
Service Properties Trust sells industrial property for $51m
Service Properties Trust (Nasdaq: SVC), a real estate investment trust, or REIT, has sold a 674,143 square foot industrial property located at 555 Turnpike...
SEGRO buys 450-acre site to build industrial property in Coventry
SEGRO has acquired a 450-acre site adjacent to Coventry Airport to build industrial property in Coventry.
Known as Gateway South, Coventry, the site is located...
LondonMetric acquires two logistics warehouses for £135.6m
LondonMetric has acquired two logistics warehouses for £135.6 million in separate transactions, reflecting a blended NIY of 4.2% and a reversionary yield of 4.8%.
The...
Swedish authority approves Blackstone’s €1.8bn acquisition of Castellum portfolio
The Swedish Competition Authority has granted regulatory competition approval for Blackstone's acquisition of a portfolio of 214 warehouse and logistics assets from Castellum for...
Savills IM buys three logistics properties in France and Netherlands
Savills Investment Management (Savills IM) announced it has acquired a total of three logistics properties, an XXL distribution centre at Vatry Airport in France...
GLP completes acquisition of €1bn CEE logistics real estate portfolio
Singapore-based GLP announced that it has closed on the acquisition of Goodman Group’s Central and Eastern Europe logistics real estate portfolio.
“Since entering the...