La Caisse and Prologis Form €1B European Logistics Joint Venture

Event summary

  • La Caisse and Prologis launch Prologis Logistics Investment Venture Europe (PLIVE) with a €1B seed portfolio across five European markets.
  • La Caisse holds 70% stake, Prologis 30%, with Prologis as operating partner.
  • Portfolio includes 844,000 sqm of Class A logistics space in France, Germany, Netherlands, Sweden, and UK.
  • Transaction expected to close in Q2 2026, subject to regulatory approvals.

The big picture

This joint venture builds on a successful 2019 Brazil partnership, reflecting confidence in European logistics fundamentals amid supply chain shifts and e-commerce growth. With La Caisse's long-term capital and Prologis's operational platform, the venture aims to scale high-quality assets in core markets. The €1B seed portfolio provides immediate scale, positioning PLIVE to capitalize on demand-driven growth.

What we're watching

Execution Risk
Whether Prologis can deliver on its asset management and development expertise to drive returns in a competitive European logistics market.
Market Dynamics
How the joint venture will position itself against other major logistics platforms in Europe as supply chain reshaping continues.
Growth Strategy
The pace at which PLIVE expands its portfolio through acquisitions and development in key European logistics corridors.

Related topics

Joint Venture