New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 20, 2012
09:02 EDTPLDProLogis forms joint venture with Norges Bank Investment Management
Prologis announced the signing of a definitive agreement to form Prologis European Logistics Partners SÓrl, a euro-denominated joint venture. The venture will acquire a portfolio of high-quality distribution facilities wholly owned by Prologis in 11 target European global markets. Global. Prologis European Logistics Partners will be structured as a 50/50 joint venture with an equity commitment of $3.1B, which includes a $1.55B co-investment by both NBIM and Prologis. Upon closing, the venture will acquire a stabilized portfolio of 195 properties totaling approximately 49 million square feet; about 75% of the properties coming from the former ProLogis European Properties fund and the remaining 25% coming from other Prologis wholly owned assets.
News For PLD From The Last 14 Days
Check below for free stories on PLD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 18, 2014
09:02 EDTPLDPrologis leases 225,000 square feet to Jaguar Rover in UK development
Prologis announced a new lease agreement for 225,000 square feet at Prologis Park Ryton in the United Kingdom, with Jaguar Land Rover. The facility, which is part of Jaguar Land Rover's recently launched special operations division, will be the company's global hub for the creation of its high-performance, luxury bespoke vehicles. The new facility, completed this May, is proximate to Jaguar Land Rover's headquarters, and is well-located at the heart of the motorway network, within easy reach of the M6, M69 and M40/M5. Prologis owns and manages approximately 20 million square feet of logistics and distribution space in the U.K. as of June 30, 2014.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use