Left Menu
Development News Edition

Norway wealth fund, Prologis in $2 bln real estate acquisition

Norway wealth fund, Prologis in $2 bln real estate acquisition
Representative Image Image Credit: ANI

Norway's sovereign wealth fund and property investment group Prologis Inc. have agreed to jointly buy a $1.99 billion logistics real estate portfolio, Norges Bank Investment Management said in a statement.

"The portfolio consists of 127 properties located across multiple U.S. markets, including Southern California, San Francisco Bay Area, Seattle, and Dallas," it added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.



WEF 2020: Trump seems politically correct in pulling out from Paris Agreement

If the survey of the World Economic Forum WEF is believed, Trump seems to enjoy the confidence of his people in flaying climate intuitions and climate activists. His preference for economic development over environmental protection not only...

From home to healthcare, here are Robotic innovations transforming lives

Lovot is equipped with more than 50 sensors such as thermography, microphone array, obstacle detection, and touch sensor to generate motion and emotions in real-time....

Translating words to deeds: Achieving gender parity in access to financial resources

... ...

SDG13: How you can reduce global warming by changing your food habits

The mega narratives of various international organizations give the impression that fighting global warming is only a job of government agencies. However, the European Investment Bank EIB has designed a questionnaire which besides making th...


Latest News

Hawks, Thunder both looking to get healthy

The Oklahoma City Thunder and Atlanta Hawks both have had to learn how to play without key players recently. That might be the case again Friday when the teams meet in Oklahoma City.For the Thunder, center Steven Adams and small forward Ter...

Coach: Zion feeling fine after debut

It didnt take long for New Orleans Pelicans coach Alvin Gentry to understand the reality of coaching top overall draft pick, Zion Williamson. I had guys yelling and cursing at me -- who would be dumb enough to keep him out of the game Gentr...

Israel, US condemn Iran at Holocaust memorial event

Jerusalem, Jan 24 AFP Israel and the United States on Thursday called for action against Iran, comparing it to the threat once posed by Nazi Germany, as world leaders marked 75 years since the liberation of Auschwitz. There will not be anot...

US Domestic News Roundup: 'modest' funds for child sex-abuse; U.S. states sue to block White House from allowing 3-D-printed guns and more

Following is a summary of current US domestic news briefs.U.S. insurer Travelers sets aside modest funds for child sex-abuse claimsTravelers Companies Inc has set aside a modest amount of additional money to cover its possible exposure to c...

Give Feedback