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StocksMedium•20 March 2026•

1 min read

Prologis and GIC Form $1.6 Billion Logistics Development Joint Venture

Jeff Bezos in a suit over a map of the US with logistics routes, Amazon delivery vans, boxes, a drone, and a warehouse.

Key Facts

1Prologis and GIC established a $1.6 billion joint venture to develop build-to-suit logistics facilities in the U.S.

2The venture targets rising demand for customized, build-to-suit logistics and warehouse facilities.

Prologis (PLD) has partnered with Singapore’s sovereign wealth fund, GIC, to establish a $1.6 billion joint venture focused on the U.S. logistics sector. The venture is specifically designed to develop build-to-suit logistics facilities to meet the evolving needs of modern supply chains. This strategic move capitalizes on the sustained demand for industrial real estate, largely driven by the continued expansion of e-commerce. By leveraging GIC's capital, Prologis can significantly expand its development pipeline while maintaining a healthy balance sheet. The partnership reinforces Prologis's dominant position within the industrial REIT market and provides a clear path for long-term growth. Analysts view this collaboration as a bullish signal for the company's ability to scale operations efficiently in a competitive real estate environment.