U.S. Core Industrial AcquisitionsU.S.CoreIndustrialAcquisitions

As the COVID-19 pandemic has accelerated the continued rise of e-commerce and distribution demand across the United States, our flagship U.S. equity core real estate fund has been making several strategic investments in industrial portfolios that are expected to benefit from long-term market growth.

Key investments include:

• 4.7 million-square-foot, 15-building industrial portfolio located in Atlanta, Dallas, Denver, Fort Worth, and Phoenix, for a total value of $425 million
• 30-property industrial portfolio totaling 5.4 million square feet, through a joint venture with Perlmutter Investment Company’s IAC Properties, valued at approximately $700 million
• I-78 Logistics Center, a four-building 2.2-million-square-foot industrial portfolio in Phillipsburg, New Jersey for $275 million