The Caisse de dépôt et placement du Québec is establishing a new joint venture with Prologis Inc. to pursue opportunities in the European logistics space.

The investment venture will start with nearly $1.6 billion worth of seed assets through a combination of income-generating properties and development sites. Ownership interest of the venture is split 70 per cent for the Caisse and 30 per cent for Prologis. As the operating partner of the platform, Prologis will provide specialized asset management and development........

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