ProLogis European Properties completes the sale of a portfolio of Garonor assets in France for €425 million

31/07/2007

31 July 2007 – Luxembourg –  ProLogis European Properties (Euronext: PEPR), Europe’s largest owner of modern distribution facilities, today announced the completion of the sale of a portfolio of logistics/light industrial assets in France for €425 million, in line with the announcement made on 26 July 2007. The net proceeds from the sale will be used to pay down debt and provide capital for reinvestment.

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 leading pan-European owner of high quality 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, the largest U.S. based real estate investment trust that operates a global network of industrial distribution properties.

As at the end of June 2007, PEPR owned 293 distribution facilities covering approximately 5.8 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.

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PEPR results for the quarter and year ended 31 December 2011

PEPR results for the quarter and year ended 31 December 2011 (81KB)