Venture Capital
Prologis is both buyer and seller in $195m deal. : Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), added $87.7m (€77.2m) worth of US logistics properties to its portfolio in December, the fund’s manager has revealed. The fund’s property arm, Norges Bank Real Estate Management (NBREM), bought a 45% interest in six logistics properties in Chicago, Nashville and Orlando, alongside its joint venture partner Prologis, said Norges Bank Investment Management (NBIM), which runs the GPFG.