German financial services company Deutsche Bank AG has increased its stake in California-based real estate and supply chain logistics company Prologis Inc. by 1.8 percent.

Deutsche Bank owned 8 million shares of Prologis’ stock after buying an additional 142,051 shares.

The company now owns around 1.27 percent of Prologis worth $470.4 million after the deal.

Prologis, which has a market capitalization of $45.35 billion, reported revenue of $679.20 million for the quarter.