NEW YORK CITY—Brookfield said Wednesday it had rebranded its global logistics property platform as IDI Gazeley, combining the names of the industrial developers it acquired in separate deals that were finalized in 2013. The combined brand owns and operates 58 million square feet valued at $3.5 billion across North America, Europe and China.

Part of Brookfield Logistics Properties, IDI Gazeley will benefit from “scale, experience and the backing of a strong parent,” says Ric Clark, CEO of Brookfield Property Group. “We intend to grow the platform rapidly by leveraging global customer relationships, pursuing attractive opportunities in key markets and developing our premier land bank.” That land bank will enable the company to develop up to 68 million additional square feet of distribution facilities worldwide, including 17 million square feet due to come on line this year.

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