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Amazon landlord Prologis acquires Duke Realty for $26 billion

#breakingnews #prologis #dukerealty #timarndt #hamidrmoghadam #jimconnor

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Amazon landlord Prologis acquires Duke Realty for $26 billion

The deal has been authorised unanimously by the boards of directors of Prologis and Duke Realty

Comment

The deal is expected to provide $310-370 million in immediate accretion from corporate general and administrative expense reductions and operational leverage, as well as mark-to-market adjustments on leases and debt.

#amazon #prologis #supplychain #dukerealty #timarndt #hamidrmoghadam #jimconnor