Prologis and GIC’s US$1.6 billion logistics JV fits a broader GIC playbook

20th March, 2026
GIC’s new US$1.6 billion build-to-suit logistics joint venture with Prologis is a continuation of GIC’s long-standing preference for scaled platforms and operating partners with a reawakening of a relationship with Prologis after a 17-year abeyance. It also serves as another sign that the US$936 billion Singaporean sovereign wealth fund wants...
GIC’s new US$1.6 billion build-to-suit logistics joint venture with Prologis is a continuation of GIC’s long-standing preference for scaled platforms and operating partners with a reawakening of a relationship with Prologis after a 17-year abeyance. It also serves as another sign that the US$936 billion Singaporean sovereign wealth fund wants...

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