The new platform, called Prologis Logistics Investment Venture Europe (PLIVE), will focus on acquiring, developing and operating logistics properties in Europe. Its launch portfolio includes assets in France, Germany, the Netherlands, Sweden and the UK, giving the venture an immediate footprint across several of the region’s key warehouse markets.
According to the announcement, the venture is being launched with around €1 billion in seed assets and will include approximately 844,000 square metres of Class A logistics space. The portfolio combines income-generating properties and development sites contributed by both partners.
Under the agreed ownership structure, La Caisse will hold a 70% stake and Prologis 30%, while governance rights will be shared. Prologis will serve as the operating partner, managing the properties and providing asset management and development expertise. Major strategic and financial decisions will be taken jointly.
The partners also said the platform is intended to expand through further acquisitions and development in Europe’s main logistics corridors. That makes the transaction more than a portfolio launch: it is also the creation of a new investment vehicle designed to grow over time.
The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory approvals. The announcement also notes that the two sides have worked together before, having formed a logistics joint venture in Brazil in 2019.
