Lineage Logistics LLC, a logistics warehouse real estate investment trust (REIT), said Tuesday that it has raised $1.7 billion in equity from various investors, bringing to $6 billion the total equity that the Novi, Michigan-based company has raised in the past two years.
Lineage, the world’s largest cold storage industrial REIT with more than 2 billion cubic feet of capacity in 19 countries, said in a statement that it will use the proceeds to strengthen its balance sheet and fund new...
https://www.freightwaves.com/news/lineage-logistics-snags-another-17-billion-in-equity-investment