03.06.2015 - Behind the Prologis-Norges Blockbuster
Prologis U.S. Logistics Venture has teamed with Norges Bank Investment Management on the acquisition of KTR Capital Partners entire real estate assets and operating platform, consisting of three investment funds, for $5.9 billion. “Consistent with the established pattern, a deep-pocketed foreign fund (in this case, Norway’s NBIM) has teamed with an industry leader with large-scale operations and management capacity to acquire a significant portfolio of U.S. real estate assets,” Andrew Maguire, a shareholder in the real estate group of McCausland Keen & Buckman said...............................................Full Article: Source
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