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Last updated: March 19, 2026, 3:30 PM ET

Real Estate & Infrastructure

Prologis & GIC established a new $1.6 billion build-to-suit venture, seeding the joint vehicle—the Singaporean fund’s second this year—with an initial 4.1 million square-foot property portfolio. This move signals continued institutional appetite for logistics assets, paralleling growing commitments in transport. Specifically, Sumitomo Mitsui Finance intends to expand its infrastructure exposure, targeting dedicated funds focused on transport-related assets and movable transportation equipment.