Prologis Sells Chicago-Based Data Center Development to HMC Capital
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Prologis (PLD) has announced the sale of its Chicago-based data center development to HMC Capital. This move is part of Prologis' strategy to optimize its asset portfolio.
December 13, 2024 | 5:15 pm
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Prologis has sold its Chicago-based data center development to HMC Capital, which is part of its strategy to optimize its asset portfolio.
The sale of the data center development is a strategic move by Prologis to optimize its asset portfolio. This could positively impact the company's stock price as it reflects effective asset management and potential capital reallocation.
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