ProLogis European Properties leases just under 50,000 square metres of distribution space to Grupo C

(Thomson Reuters ONE) - This press release is not an offer of securities for sale, or the solicitationof an offer to buy securities, in the United States or elsewhere. The securitiesmentioned in this press release have not been and will not be registeredpursuant to the US Securities Act of 1933, as amended. They cannot be offered orsold in the United States absent registration or an exemption from registration.N o public offer of the securities has been or will be made in the United Statesor elsewhere.This press release may contain certain forward-looking statements. Theseforward-looking statements involve certain risks and uncertainties that couldcause actual results to differ materially from those indicated in suchforward-looking statements. The company assumes no obligation to update anyforward-looking statement contained in this press release.News release ProLogis European Propertiesleases just under 50,000 square metres of distribution space to Grupo Carreras in SpainLuxembourg -27 January 2010 - ProLogis European Properties (Euronext: PEPR), oneof Europe's largest owners of modern warehouse distribution facilities, todayannounces that it has signed a new twelve year lease agreement with Spanishlogistics company Grupo Carreras for a total of 48,400 square metres at ProLogisPark Pened?in Catalonia, Spain.Fernando Carreras, director of the Warehouse and Distribution Division at GrupoCarreras, commented: ¨In order to accommodate for the rapid expansion and futuregrowth plans of Grupo Carreras across Catalonia we needed to expand ourfacilities in the region. PEPR's modern facility at ProLogis Park Pened?isideally located and superbly equipped to meet our supply chain needs."Simon Nelson, head of asset management of PEPR said: "We are delighted to haveadded Grupo Carreras to our portfolio of clients. The new lease agreement, whichis in line with current market rents, demonstrates the quality of the PEPRportfolio and our local market knowledge, which enables us to respond quickly tocontinuing demand from occupiers for well-located, high quality logisticsspace."The transactions were completed on behalf of PEPR by ProLogis (NYSE: PLD),manager of the PEPR portfolio. -Ends-For further information, please contact:Investor relationsProLogis European PropertiesJennifer van der Eem+44 207 518 8708jvandereem(at)prologis.com MediaM:CommunicationsEd Orlebar / Charlotte McMullen+44 20 7920 2323 or 7920 2349orlebar(at)mcomgroup.com / mcmullen(at)mcomgroup.comAbout ProLogis European Properties (PEPR)ProLogis European Properties, or PEPR, is one of the largest pan-European ownersof high quality distribution and logistics facilities.PEPR was established in1999 as a closed-end, real estate investment fund, externally managed by asubsidiary of ProLogis (NYSE: PLD), a leading global provider of industrialdistribution facilities. In September 2006, PEPR was listed on EuronextAmsterdam.As at 30 September 2009, PEPR has a portfolio of 232 buildings, covering 4.9million square metres in 11 European countries, with a market value of EUR2.8billion. The portfolio has an occupancy level of 96.3% and an average of 3.4years to the next lease break or 5.5 years to lease expiry.[HUG#1377666] Press release (PDF): http://hugin.info/139145/R/1377666/338480.pdf

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Datum: 27.01.2010 - 05:37 Uhr
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