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Announced

PGIM Real Estate and Manulife to acquire Fife industrial and logistics portfolio from Blackstone for $663m.

Synopsis

Insurance agencies PGIM Real Estate and Manulife, agreed to acquire Fife industrial and logistics portfolio from Blackstone for $663m. “PGIM Real Estate is able to confirm it is a co-investor in the portfolio. We are very pleased with the deal and the partnership but unable to provide further details at this time,” Steve Bulloch, PGIM Managing Director.

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