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4d ago

Prologis and La Caisse Form €1 Billion Pan-European Logistics Venture

The new platform pairs La Caisse’s capital with Prologis’s operating engine to scale warehouses across key corridors.

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The Caisse de Depot et Placement du Quebec (CDPQ), headquarters is seen in downtown Montreal, Wednesday, Aug.16, 2023. THE CANADIAN PRESS/Christinne Muschi
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Overview

  • La Caisse and Prologis launched Prologis Logistics Investment Venture Europe to buy, build and run logistics properties across Europe.
  • La Caisse holds a 70% stake and Prologis holds 30% as the operating partner with shared governance rights.
  • The launch portfolio totals about €1 billion and covers roughly 844,000 square meters across France, Germany, the Netherlands, Sweden and the U.K.
  • The transaction is expected to close in the second quarter of 2026 subject to customary approvals, with growth planned through disciplined acquisitions and development.
  • Partners cite long-term demand from e-commerce and supply-chain shifts, extend a 2019 collaboration in Brazil, and note Goldman Sachs advised La Caisse.