La Caisse to form European logistics joint venture with Prologis

The Caisse de depot et placement du Quebec logo is pictured in Montreal. THE CANADIAN PRESS/Paul Chiasson

MONTREAL — Quebec investment manager La Caisse has signed a deal with Prologis, Inc. to form a joint venture focused on acquiring, developing and operating logistics properties in Europe.

Under the plan, La Caisse will hold a 70 per cent stake, while Prologis will own 30 per cent.

Prologis will be the operating partner and provide specialized asset management and development expertise.

The joint venture will have about $1.6 billion in seed assets combining income-generating properties and development sites contributed by both partners.

It will include logistics operations across France, Germany, the Netherlands, Sweden and the United Kingdom.

La Caisse and Prologis have worked together since 2019, when they formed a logistics joint venture in Brazil.

This report by The Canadian Press was first published April 9, 2026.