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ProLogis European Properties
AMS:PEPR ISIN:LU0100194785
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ProLogis European Properties Luxembourg - 17 July 2008 - ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern warehouse distribution facilities, today announced the appointment of Simon Nelson as Head of Asset Management, with effect from 1 August 2008. Simon, who will be based in Amsterdam, was most recently responsible for European acquisitions and disposals, in addition to coordinating independent portfolio valuations across Europe, at ProLogis (NYSE: PLD), PEPR's external manager. He replaces Ralf Wessel, who becomes Managing Director Global Investment Management for ProLogis, where he will be responsible for all investment management activities. CEO Gordon Keiser said: "We are delighted that Simon has agreed to join the team at PEPR. Simon has been working with ProLogis in Europe since 2001 so has an extensive knowledge of the PEPR portfolio of investments and the European marketplace. We believe that he will be a very valuable asset and will help drive ...
ProLogis European Properties ProLogis European Properties sells Milan distribution facility
ProLogis European Properties Luxembourg - 26 June 2008 - ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern distribution facilities, announced today that it has invested a further €42 million into ProLogis European Properties Fund II (PEPF II), a private equity fund established by ProLogis (NYSE: PLD) to acquire assets from ProLogis' development pipeline in Europe and conforming assets from third-parties. This investment, entirely funded from existing credit facilities, combined with the 29 May investment of €28.2 million is in line with PEPR's target to invest €60 - 80 million per quarter into PEPF II. PEPR's gross investment in PEPF II has increased to €295.2 million of its anticipated overall €900 million investment and maintains PEPR's 30% ownership. ProLogis has contributed 10 modern distribution facilities into PEPF II, covering 323,600 square metres in seven European countries, with third-party appraised values totalling €212.8 million gross (€200.3 ...
ProLogis European Properties Luxembourg - 24 June 2008 - ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern distribution facilities, will be announcing its Second Quarter and Half Year 2008 Financial Results on Thursday 24 July 2008. Earnings Release: ProLogis European Properties' Second Quarter and Half Year 2008 Financial Results will be released on Thursday 24 July 2008 at 1pm BST / 2pm CET and will be available on the PEPR website, www.prologis-ep.com. Earnings Webcast and Conference Call: A Webcast Presentation and Conference Call with senior management to discuss the Second Quarter and Half Year 2008 Financial Results and future outlook will be held on Thursday 24 July 2008, at 4pm BST / 5pm CET. The webcast can be accessed by clicking on the link entitled "Second Quarter and Half Year 2008 Financial Results Webcast" located on the home page of the PEPR website, www.prologis-ep.com. To participate in the conference call please dial one of the followin ...
ProLogis European Properties Luxembourg - 29 May 2008 - ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern distribution facilities, announced today that it has invested a further €28.2 million into ProLogis European Properties Fund II (PEPF II). PEPF II is a private equity fund established by ProLogis (NYSE: PLD), PEPR's external manager, in August 2007 to acquire assets from ProLogis' development pipeline in Europe. This investment, entirely funded from existing credit facilities, increases PEPR's gross investment in PEPF II to €253.2 million of its anticipated overall €900 million investment and maintains PEPR's ownership at 30%. ProLogis has contributed 13 modern distribution facilities into PEPF II, covering just over 263,000 square metres in six target European countries, with third-party appraised values totalling €174.2 million gross (€167.5 million net), representing a 6.9% yield on the investment. These facilities are 1.5 years old on average, 98.9 ...
ProLogis European Properties Luxembourg - 28 May 2008 - ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern distribution facilities, announced today that it is participating in Kempen & Co's European Property Seminar 2008 being held at Kempen offices, Amsterdam, on 28 and 29 May 2008. The presentation used in the company's one-on-one meetings will be available in the "Presentations and Webcasts" section of the ProLogis European Properties website, www.prologis-ep.com. -Ends- For further information, please contact:
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