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Announced

A consortium of investors led a $1.9bn investment in Lineage Logistics.

Synopsis

A consortium of investors led a $1.9bn investment in Lineage Logistics, a temperature-controlled industrial REIT and logistics solutions provider. Investors include BentallGreenOak, D1 Capital Partners, Oxford Properties, CenterSquare Investment Management, MS Tactical Value, Conversant Capital, OP Trust, and Cohen & Steers. “We set out to raise capital to support Lineage’s investments in the world’s most state-of-the-art technology and automation, greenfield developments, facility expansions, and continued acquisitions, and we were met with overwhelming demand from some of the most well-respected global institutional investors. This is clear validation of our business model and our consistent, successful strategy to optimize our customers’ temperature-controlled supply chains, which is exactly how we intend to deploy the funds – to bolster our customers’ experiences from every angle and prove ourselves as their most valuable partner," Greg Lehmkuhl, Lineage President and CEO.

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