Purchase of ProLogis European Properties' units completed
News release
Purchase of ProLogis European Properties' units completed
Luxembourg - 19 June 2009 - ProLogis European Properties (Euronext:
PEPR), Europe's largest owner of modern distribution facilities,
announced today that the purchase of ¤75,000 of PEPR units has been
completed. A total of 24,400 PEPR units were purchased at an average
price of ¤3.0629 per unit. The highest price paid per unit was ¤3.09
and the lowest price was ¤3.05.
-Ends-
For further information, please contact:
Investor relations
ProLogis European Properties +44 20 7518 8708
Jennifer van der Eem, VP Investor Relations
jvandereem@prologis.com
Media
M:Communications +44 20 7153 1523 or 7153 1549
Ed Orlebar / Charlotte McMullen
orlebar@mcomgroup.com / mcmullen@mcomgroup.com
About ProLogis European Properties (PEPR)
ProLogis European Properties, or PEPR, which listed on Euronext
Amsterdam on 22 September 2006, is the largest pan-European owner of
high quality distribution and logistics facilities. Established in
1999, PEPR is a real estate investment fund (organised as a
Luxembourg closed-ended fonds commun de placement) externally managed
by a subsidiary of ProLogis (NYSE: PLD), a leading global provider of
industrial distribution facilities.
As at 31 March 2009, PEPR has a portfolio of 246 buildings, covering
5.2 million square metres in 11 European countries, with an estimated
net open market value of ¤3.4 billion. The portfolio has an
occupancy level of 97.0% and an average of 3.9 years to the next
lease break or 6.2 years to lease expiry.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
