Prologis to acquire Liberty Property for $12.6B
San Francisco-based logistics real estate investment trust Prologis has agreed to buy real-estate company Liberty Property Trust for $12.6 billion. The all-stock deal includes assumption of debt. “Liberty’s logistics assets are highly complementary to our U.S. portfolio and this acquisition increases our holdings and growth potential in several key markets,” said Prologis chairman and CEO Hamid Moghadam. […]
