Prologis and Norway’s Sovereign Wealth Fund Acquire KTR Capital for $5.9 Billion

Posted on 04/20/2015

Norges Bank Investment Management (NBIM), manager of Norway’s Government Pension Fund Global (GPFG), signed an agreement to purchase a 45% stake for US$ 2.3 billion in a 60 million square feet industrial portfolio with additional development potential in a joint venture with Prologis. The transaction values the portfolio at US$ 5.9 billion. The joint venture, […]