ProLogis European Properties announces the purchase of units to remunerate new non-executive directors
04/10/2010
ProLogis European Properties (Euronext: PEPR), one of Europe’s largest owners of modern distribution facilities, announced that it expects to purchase €100,000 of PEPR units over today’s trading day. These units will be paid to PEPR’s non-executive directors as part of their annual remuneration package.
-Ends-
For further information, please
contact:
Investor relations
Jennifer
Crooke
+44 207 518 8708
jcrooke@prologis.com
Media
M:Communications
Ed Orlebar / Charlotte McMullen
+44 20 7920 2323 or 7920 2349
orlebar@mcomgroup.com /
mcmullen@mcomgroup.com
About ProLogis European Properties (PEPR)
ProLogis European Properties, or PEPR, is one of the largest
pan-European owners of high quality distribution and logistics
facilities. PEPR was established in 1999 as a closed-end, real
estate investment fund, externally managed by a subsidiary of
ProLogis (NYSE: PLD), a leading global provider of industrial
distribution facilities. In September 2006, PEPR was listed on
Euronext Amsterdam.
As at 30 June 2010, PEPR has a portfolio of 232 buildings, covering
4.9 million square metres in 11 European countries, with an
estimated market value of €2.8 billion. The portfolio has an
occupancy level of 93.7% and an average of 3.4 years to the next
lease break or 5.4 years to lease expiry.
2011 Annual Report
