Monday 3 February 2020

Blackstone’s warehouse play challenges Prologis’ claim to the throne

Long before windowless warehouses became a sexier investment than luxury condos, Prologis was king. The San Francisco-based company bought up millions of square feet of industrial properties and built out a crack team of executives to run it – a platform that served the company well when the sector exploded thanks to e-commerce. But the industry leader’s claim to the throne is being challenged as the Blackstone Group, the world’s largest alternative asset manager, makes



source https://therealdeal.com/2020/02/03/blackstones-warehouse-play-challenges-prologis-claim-to-the-throne/

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