Prologis has sold its eight wholly owned assets and a 20 percent interest in the ProLogis Korea Fund. The global industrial real estate owner and developer raised $65.6 million in net proceeds from the sale.
The wholly owned portfolio of Prologis, which has been sold, includes four properties totaling 424,787 square feet and 37 acres of land. The fund comprised 12 properties, totaling 1.7 million square feet.
Click here for the release from PR Newswire.