18/04/2007
18 April 2007 - Luxembourg – ProLogis European Properties (Euronext: PEPR), Europe’s largest owner of modern warehouse distribution facilities, announced today a €0.221766 per unit dividend distribution for Q1 2007, including a one-off release of €0.025591.
The distribution, payable on 30 April 2007, is based on earnings for the quarter to 31 March 2007 and the release of €4.8 million, held in escrow, relating to the sale of 13 assets in December 2003, as disclosed in the IPO prospectus. The ex-dividend date will be 24 April 2007 and the record date 26 April 2007.
-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 1538
Ed Orlebar / Sarah Hamilton
orlebar@mcomgroup.com /
hamilton@mcomgroup.com
About ProLogis European Properties
(PEPR)
ProLogis European Properties, or PEPR, which
listed on Euronext Amsterdam on 22 September 2006, is a leading
pan-European owner of high quality distribution and logistics
facilities. PEPR's portfolio of real estate is located
in 25 submarkets within 11 European countries. 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, a leading U.S. based real
estate investment trust that operates a global network of
industrial distribution properties.
As at the end of March 2007, PEPR owned 291 distribution facilities covering approximately 5.7 million square metres of leasable space. PEPR’s customers are large third party logistic service providers as well as a broad range of companies in the retail and manufacturing sectors.