Duke Realty
Duke Realty Raises $25B in Public
Quick Facts
Duke Realty Raises $25B in Public
Duke Realty has successfully raised $25B in a Public at a $28B valuation led by Prologis.
Company Overview
Duke Realty is a Real Estate company headquartered in 600 East 96th Street, Indianapolis, IN 46240, founded in 1972 with 400+ employees.
Industrial REIT
Fundraising Details
- Amount Raised: $25B
- Round Type: Public
- Valuation: $28B
- Date: 2024-01-01
- Investors: Prologis
About Duke Realty
Industrial REIT The company is positioned in the Real Estate sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 600 East 96th Street, Indianapolis, IN 46240
- Founded: 1972
- Team Size: 400+
- Industry: Real Estate
What This Means
This funding round demonstrates strong investor confidence in Duke Realty's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Real Estate sector continues to attract significant investment as companies innovate to meet evolving market demands. Duke Realty's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $28B valuation marks an important milestone for Duke Realty, positioning the company among notable players in the Real Estate industry.
Looking Ahead
With this new capital, Duke Realty is well-positioned to execute on its growth strategy and continue building innovative solutions in the Real Estate space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about Duke Realty, visit their headquarters at 600 East 96th Street, Indianapolis, IN 46240.
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