# Prologis (NYSE:PLD) shares rose slightly on Thursday after the company announced a joint venture with La Caisse to create a pan-European logistics platform.

*business · news · 2026-04-09 · Benzinga*

## Key points

- Prologis and La Caisse are launching a €1 billion pan-European logistics platform called PLIVE.
- Prologis will own 70% of PLIVE, with La Caisse holding the remaining 30%.
- The PLIVE platform will include 844,000 square meters of Class A logistics assets across five countries.
- The joint venture deal is expected to close in Q2 2026, pending regulatory approvals.
- Prologis' EPS estimate for the next earnings report is down to 103 cents from 142 cents.

**Companies:** Prologis
**Countries:** France, Germany, Netherlands, Sweden, United Kingdom

[Read the full story on Benzinga](https://www.benzinga.com/markets/large-cap/26/04/51738093/prologis-partners-for-1-2-billion-logistics-platform-in-europe)

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