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ProLogis European Properties: Results of Extraordinary General Meeting Wednesday 14 March 2012
- ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern distribution facilities, announces that at its Extraordinary General Meeting, held today, the following resolution was passed.
Final voting position:
Total ordinary units in issue: 206,247,440.
Investor relations
Jennifer Crooke
+44 207 518 8708
jcrooke@prologis.com
Media
M:Communications
Charlotte McMullen
+44 20 7920 2349
mcmullen@mcomgroup.com
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, Inc. (NYSE: PLD), a leading global provider of industrial distribution facilities. In September 2006, ordinary units in PEPR were listed on the Luxembourg Stock Exchange and Euronext Amsterdam.
As at 31 December 2011, PEPR had a portfolio of 220 buildings, covering 4.7 million square metres in 11 European countries, with an estimated market value of EUR2.6 billion. The portfolio had an occupancy level of 94.4% and an average of 2.8 years to the next lease break or 4.7 years to lease expiry.
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