Warehouse Giant Prologis Agrees $26 Bln Merger with Duke Realty

Reuters, June 13, 2022–Aishwarya Nair, Chibuike Oguh
Prologis Inc., a warehouse-focused real estate income trust, said on Monday it would acquire peer Duke Realty Corp. for about $26 billion, including debt, in an all-stock deal, making it one of the largest transactions in the booming REIT sector.