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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
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September 15, 2014
10:51 EDTPLDPrologis to host investor day
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September 11, 2014
09:09 EDTPLDPrologis preleases 387,400 square feet to APL Logistics in Mexico
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September 9, 2014
09:04 EDTPLDPrologis acquires 2.5M square feet in Europe
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September 4, 2014
09:01 EDTPLDPrologis signs 281,400 aquare foot build-to-suit in Sendai, Japan
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September 2, 2014
09:06 EDTPLDPrologis announces PELP acquired portfolio of facilities and land in Barcelona
Prologis announced that Prologis European Logistics Partners Sarl, or PELP, has acquired a portfolio of more than 1.6M square feet of high-quality logistics facilities and development land in Madrid and Barcelona from SABA Parques Logisticos. PELP is a 50-50 joint venture between Prologis and Norges Bank Investment Management.

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