Fedex Corp

-5.83 (-2.33%)
Mergers / Acquisitions

GFH And Wafra International Partners To Acquire Portfolio Of Fedex US Logistics Assets

Published: 12/12/2021 05:04 GMT
Fedex Corp (FDX) - Partnered With Wafra International Investment to Acquire a Portfolio of Us-based Blue Chip Logistics Asset.
Gfh and Wafra International Create Strategic Partnership to Acquire Portfolio of Fedex US Logistics Assets.
Portfolio is Comprised of Eight Income-yielding Mission Critical Logistics Assets That Are Being Built to Suit Requirements of Their Tenants.
Seven of the Facilities Are Leased to Fedex Ground and the Other to General Mills.
Assets Are Expected to Be Completed During 2022 As Part of Built-to-suit Process With Leases to Commence Upon Completion.