Lineage Logistics raises $1.6bn in new equity.

Lineage Logistics, the temperature-controlled industrial REIT and logistics solutions provider, has raised $1.6bn in equity from new and existing strategic partners. Participating investors include Oxford Properties Group, BentallGreenOak, D1 Capital Partners, Cohen & Steers, OPTrust, CenterSquare Investment Management, and investment funds managed by Morgan Stanley Tactical Value, among others. “This significant investment -- from both new and existing investors -- is validation of our business model, our innovative strategy and our plans to continue expanding our footprint as the world’s largest temperature-controlled warehousing and logistics company. As we reimagine the food supply chain and execute on our company purpose to eliminate waste and help feed the world, we remain focused on driving value for our more than 5k customers by operating globally and deploying industry-changing technologies to create efficiencies across our 320 facilities,” Greg Lehmkuhl, Lineage President and CEO.