Warehouse Giant Prologis Increases Further its U.S. Presence in a $23B Deal

After two rather unpredictable and unprecedented years in the industrial market and two insufficiently attractive offers, the warehouse giant Prologis finally increased its U.S. presence in a $23B deal. The deal came at an interesting time. Real estate investment trust (REIT) stock prices sharply decreased the months before the deal’s announcement. However, the businesses may…