PEPR in £150m sales

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ProLogis European Properties has sold ten UK logistics assets for a total of £150.9 million. 

Proceeds from the sale will be used to cut debt..

The disposal comprises 231,650 sq m in ten fully-leased buildings located in the Midlands and North-East of the UK.

The transaction is part of the wider UK portfolio disposition agreed between Prologis, Inc and Blackstone, the investment and advisory firm.

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