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Stock Market & Financial Investment News

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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
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October 16, 2014
14:24 EDTPLDPrologis expands European warehouse builds on e-commerce, Bloomberg says
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October 8, 2014
09:06 EDTPLDPrologis signs 269,100 square foot build-to-suit agreement in the Netherlands
Prologis has signed a 269,100 square foot build-to-suit agreement in the Netherlands with Coolblue, one of the largest online retailers in the Benelux.

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