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Prologis Sets Record Low Yield With €275 Million Dutch Logistics Purchase

Seller KKR-Backed Mirastar Got Lucky Timing as Yields are Expected to Rise
The deal, which includes a property near Schiphol airport, took off despite increasing headwinds. (Getty Images)
The deal, which includes a property near Schiphol airport, took off despite increasing headwinds. (Getty Images)

Prologis has completed on the purchase of three logistics properties in the Netherlands from KKR-backed Mirastar for €275 million, reflecting a record low net yield of just more than 3%.

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News | Prologis Sets Record Low Yield With €275 Million Dutch Logistics Purchase