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Prologis acquires Duke Realty in a $ 26 billion deal, including debt

Prologue the world’s largest warehouse operator, buys rival Duke Realty in a $ 26 billion deal that highlights a growing gap between those who believe e-commerce growth has a long way to go and those who believe it is about to run out.

The agreement marks the largest commercial real estate sale since the start of the pandemic, according to real estate analysis firm Green Street, and is the latest in a series of major films in the sector. Warehouses and distribution centers have been a particularly popular type of property – especially during the pandemic – because consumers̵[ads1]7; shopping habits have changed online.

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