Prologis has struck a deal with Blackstone to acquire nearly 14 million ft2 (1.3 million m2) of industrial properties across the US from opportunistic real estate funds affiliated with Blackstone for $3.1 bn (€2.84 bn), funded by cash.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
