PropertyEU

PEPR posts 13.4% portfolio devaluation in 2009

By A staff reporter 2010-02-12T00:00:00

Prologis European Properties (PEPR), one of Europe's largest owners of distribution facilities, said the total open market value of its like-for-like portfolio decreased by 13.4% in 2009, with continental European countries recording valuation declines of between 12.3% and 18.9% compared with 2008. The UK showed signs of improvement, falling 5.2% ...

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