La Caisse and Prologis Launch Pan-European Logistics Joint Venture

• A EUR 1 billion seed portfolio in logistics assets across France, Germany, the Netherlands, Sweden and the UK will anchor the launch of the joint venture.
• La Caisse will hold 70% interest, with Prologis serving as operating partner and contributing asset management and development expertise.
• The platform will grow through disciplined acquisitions and development in Europe’s core logistics markets.

MONTRÉAL and SAN FRANCISCO, April 9, 2026 /PRNewswire/ — La Caisse (formerly CDPQ), a global investment group, and Prologis, Inc. (NYSE: PLD) today announce an agreement to create Prologis Logistics Investment Venture Europe (PLIVE), a new pan–European joint venture focused on acquiring, developing and operating high-quality logistics properties.

La Caisse and Prologis will hold 70% and 30% interests, respectively, with governance rights shared between the partners. Prologis will provide specialized asset management and development expertise as the operating partner of the platform.

The PLIVE launch portfolio will provide immediate scale in Europe’s key logistics corridors and a strong foundation for demand-led, long-term growth. This venture builds on an established relationship between the two firms dating back to 2019, when they formed a logistics joint venture in Brazil.