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Last updated: March 19, 2026, 5:30 PM ET

Real Estate & Infrastructure Investment

Prologis & GIC are jointly establishing a $1.6 billion build-to-suit venture, seeding the partnership—the Singaporean sovereign fund’s second this year—with an initial 4.1 million square-foot portfolio focused on logistics assets, signaling continued private capital appetite for industrial property. Separately, Sumitomo Mitsui Finance intends to expand its infrastructure holdings, specifically targeting commitments toward transport-related infrastructure and movable transportation funds, reflecting a strategic pivot within Japanese leasing firms toward long-duration assets growing infrastructure portfolio.