IPT: Prologis acquires IPT assets in $4 billion merger

Industrial real estate investment trust Prologis announced this week that it signed a merger agreement to acquire all real estate assets of the REIT and warehouse owner Industrial Property Trust (IPT) for $3.99 billion in a cash transaction that includes debt. The transaction is expected to close in either the...The post Prologis acquires IPT assets in $4 billion merger appeared first on Real Estate Weekly.