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Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly/File Photo

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March 21 (Reuters) - Prologis Inc (PLD.N), the world's biggest warehouse owner, has launched a bid to buy Blackstone Inc's (BX.N) portfolio of logistics properties in what would be the largest ever private real estate deal, the Financial Times reported on Monday.

Prologis has made a non-binding offer of a little over 21 billion euros ($23.14 billion) for Mileway, according to the report, which cited people familiar with the matter. (https://on.ft.com/3ItGTaI)

Blackstone launched Mileway in 2019 to operate the more than 1,000 logistics assets the private equity firm has bought to build up its last-mile business to deliver goods to tenants in its properties.

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Of 20 or so prospective buyers approached by Morgan Stanley, the bank managing the process, eight looked seriously at Mileway but only Prologis submitted a non-binding bid, the Financial Times reported.

Blackstone and Prologis declined to comment.

Last month, Blackstone announced plans to recapitalise Mileway, providing a chance to existing investors in the logistics company to retain or increase their shareholding, or exit for cash. read more

($1 = 0.9076 euros)

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Reporting by Rithika Krishna in Bengaluru

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