Prologis to Acquire DCT Industrial Trust

Posted on 04/30/2018


San Francisco-based Prologis Inc. agree to acquire Denver-based DCT Industrial Trust, a logistics property owner, for US$ 8.4 billion in stock and assumed debt. The transaction roughly equates to a 16% premium over DCT’s closing share price on April 27, 2018. Prologis is the largest warehouse owner on the planet. The company is keen on […]