Prologis Launches Public REIT in China, Expanding Strategic Capital in One of the World’s Most Dynamic Economies

Prologis entered China in 2003 and, since then, we’ve expanded alongside the growth of the country’s logistics sector. Today, the company operates 44 logistics facilities across 24 cities, totaling more than 5.3 million square meters.  

In December, Prologis listed its first public real estate investment trust (REIT) in China and celebrated its IPO on the Shenzhen Stock Exchange. The Prologis China REIT is one of a small number of listed logistics REITs in the country and was received with strong investor demand. During the offline book-building process, subscriptions reached over 235 times the amount offered.

The Prologis China REIT consists of logistics facilities located in the Guangdong-Hong Kong-Macao Greater Bay Area, one of China’s most active economic zones. The facilities are strategically positioned to serve the core China logistics demand drivers, including manufacturing, retail distribution and e-commerce.

Supply Chain Disruption Continues to Drive Investment in Logistics

Shorter delivery windows, shifting trade patterns and labor constraints have made warehouse location and quality more critical to day-to-day operations. As a result, well-located logistics assets continue to attract capital, driven by their role in helping companies manage cost and reliability.

In China, public REIT structures have become a more established way to fund logistics facilities, supporting continued investment as supply chains adjust. For customers, this can mean more consistent access to modern, professionally managed warehouse space.

Looking Ahead at the Logistics Market in China

While China’s economy is adjusting to slower global growth and shifting trade dynamics, the main drivers of logistics demand remain in place. Prologis China REIT broadens Prologis’ access to capital and diversifies our investor base, strengthening our presence in one of the world's most dynamic logistics market to meet growing demand for logistics real estate.