Monday 24th Oct 2016 - Logistics Manager

ProLogis sells sites to European division

ProLogis European Properties has bought 15 properties from ProLogis, for 215.4 million euros.

ProLogis European Properties will fund the purchase through a combination of cash from existing credit facilities and new units.

The 15 sites are constructed, fully-leased distribution facilities, located in Belgium, Czech Republic, France, Germany, Poland and Spain.