Global investment group La Caisse and Prologis, Inc. have formed a new joint venture, Prologis Logistics Investment Venture Europe (PLIVE). The partnership begins with a EUR 1 billion portfolio of logistics assets across five European nations. La Caisse will hold a 70 per cent stake in the venture, while Prologis acts as the operating partner. The deal focuses on long-term growth through the acquisition and development of high-quality industrial properties.
Incheon International Airport Corporation and UPS have officially opened the expanded Express Logistics Center following a 30 billion won investment. The project increases import cargo capacity from 27,000 tons to 190,000 tons per year. This development secures a more stable national supply chain and reinforces Incheon Airport as a leading logistics hub in Northeast Asia despite ongoing global supply chain volatility and regional instability in the Middle East.
Industrial developer SEGRO has reached an agreement with dermatology firm ISDIN to create a new 22,000 m² logistics hub in Martorelles, Barcelona. Scheduled for completion in late 2027, the facility is part of a brownfield regeneration project on a former industrial site. The hub will prioritise sustainability and employee wellbeing, aiming for top-tier environmental certifications and featuring advanced energy management systems to support ISDIN’s global expansion.
Prologis and GIC have established a $1.6 billion joint venture to develop build-to-suit logistics facilities across the United States. The partnership starts with a 4.1 million square foot portfolio and aims to meet rising demand for custom distribution centres. By combining GIC's institutional capital with the development expertise of Prologis, the venture targets long-term growth in the North American industrial sector.
SLP has officially broken ground on SLP Park Tien Du, a major ready-built factory development in Bac Ninh province. This project marks the eighth venture for the industrial developer in Vietnam. Situated within the Dai Dong Hoan Son Industrial Park, the facility will provide over 74,000 square metres of Grade-A space. The development is designed to meet growing demand for operational-ready infrastructure amongst global manufacturers.
Logistea AB has agreed to acquire a six-asset logistics portfolio from DSV for SEK 587 million. The sale-leaseback deal includes 41,500 square metres of cross-docking space across Sweden, including sites in Karlstad and Gävle. All properties are fully leased to DSV Road AB on ten-year triple net terms. The transaction is expected to close on March 30th 2026, pending regulatory approval for the Växjö asset.
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