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HIAG Immobilien Holding AG is a real estate company based in Switzerland that specializes in developing and managing properties. The company's core business includes the redevelopment of former industrial sites into residential, commercial, and logistics properties. HIAG's portfolio is characterized by its focus on long-term investment and sustainable property management, offering leasing services across various sectors. Headquartered in Basel, Switzerland, the company’s strategic positioning involves leveraging its expertise in transforming old industrial areas into vibrant real estate assets. This approach allows HIAG to capitalize on unique development opportunities within the Swiss real estate market.

Prologis is an industrial real estate investment trust that was formed as a result of the 2011 merger between AMB Property and Prologis Trust, forging the world's largest owner and operator of logistics real estate across warehouses, distribution centers, and fulfillment facilities. The core business generates rental revenue by leasing logistics space to a diverse customer base of retailers, manufacturers, and e-commerce companies. As of September 2026, its portfolio of properties and development projects totaled about 1.3 billion square feet across 20 countries, concentrated near major population centers, ports, and transportation hubs, though the United States accounted for about 84% of net operating income.