PEPR portfolio drops 13% in value in first half

By A staff reporter 2009-07-23T00:00:00

Prologis European Properties (PEPR), Europe’s largest owner of modern distribution facilities, on Thursday reported a 13% devaluation of its portfolio over the first six months of 2009 to nearly EUR 3 bn from EUR 3.4 bn at year end 2008. Excluding disposals and foreign exchange adjustments, the drop in value ...

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