Industrial & Infrastructure Fund Investment Corporation completed the acquisition of the 28 logistics building from Logisteed for $700m.

Synopsis

Industrial & Infrastructure Fund Investment Corporation, a Japan-based real estate investment trust, completed the acquisition of the 28 logistics buildings from Logisteed, a local provider of logistic services, for $700m.

Principals

target

Logisteed (28 Logistics Buildings)

bidder

Industrial & Infrastructure Fund Investment Corporation (iif)

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Market Context