Investments in Real Estate (Tables)

6 Months Ended

Jun. 30, 2023

Real Estate [Abstract]

Investments In Real Estate

Investments in real estate, net consisted of the following:

	June 30, 2023		December 31, 2022
Buildings	$	1,567,297	$	884,728
Land and land improvements	417,800		322,791
Construction in process	585,605		1,057,158
Total	2,570,702		2,264,677
Accumulated depreciation and amortization	(33,840)		(9,003)
Investments in real estate, net	$	2,536,862	$	2,255,674

Real Estate Investments

For acquisitions not denominated in USD, the amounts have been presented in USD at the prevailing foreign exchange rate on the acquisition date:

Property Type	Acquisition Value		Number of Properties	Square Feet (in thousands)
Industrial	$	248,979	4	3,156

The following table details the purchase price allocation for the properties acquired during the six months ended June 30, 2023:

	Amount
Buildings	$	206,568
Land and land improvements	42,411
Total Purchase Price (1)	$	248,979

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(1)The total purchase price was paid for in cash.