Prologis Analyzes Its Most Important Industrial Purchase Worldwide

Prologis, considered one of the world's most important logistics leaders, has submitted a non-binding offer to purchase last mile assets from Blackstone in the European Union.

The acquisition, which is under analysis and includes 2,000 logistics warehouses, has six weeks to become valid.

Prologis' offer for Mileway, which would amount to 21 billion euros, would be one of the most important transactions in the industrial real estate segment worldwide.

Warehouses have been a winning bet over the past two years, with the proportion of sales made online increasing across the continent as the coronavirus forced shoppers to stay at home.

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