Sure, Prologis' deal to buy Duke will make it bigger. But there's a whole other motivating factor.

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The Business Journals

Scale has never been the objective, CEO Hamid Moghadam said of the acquisition, which will grow Prologis's portfolio by roughly 15%.

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© Reuters. Prologis' (PLD) Deal for Duke Realty (DRE) Only Required a Slight Bump and is Seen as Immediately Accretive By Sam Boughedda Real Estate...

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Portfolio addition will drive long-term shareholder growth SAN FRANCISCO and INDIANAPOLIS, June 13, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) and Duke...

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Adds details from the statement, background June 13 (Reuters) - Warehouse provider Prologis Inc PLD.N said on Monday it would acquire smaller peer Duke...

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Real estate investment trust Prologis is buying Duke Realty in an all-stock deal valued at about $26 billion, including the assumption of debt. Prologis Inc....

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Prologis Inc (PLD.N) will acquire Duke Realty Corp (DRE.N) in a nearly $26 billion all-stock deal, including debt, the companies said on Monday, as the...

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Prologis has agreed to buy Duke Realty for $26 billion, the companies announced Monday, concluding a protracted courtship that saw the Indianapolis-based...

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Prologis Inc. boosted its bid for US warehouse landlord Duke Realty Corp. to an all-stock offer of about $26 billion including debt, securing a deal after...

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Duke had rejected several offers from Prologis dating back to last year.

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Duke had rejected several offers from Prologis dating back to last year.

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Duke had rejected several offers from Prologis dating back to last year.

Logo The Business Journals
Duke had rejected several offers from Prologis dating back to last year.

Logo The Business Journals
Duke had rejected several offers from Prologis dating back to last year.