Listed property firm Prologis European Properties (PERP) has invested EUR 82.35 mln in Prologis European Property Fund II. The investment was fully funded from existing credit facilities. PERP plans to invest a total of EUR 900 mln in the fund, which is targeting total investment of EUR 3 bn.

Listed property firm Prologis European Properties (PERP) has invested EUR 82.35 mln in Prologis European Property Fund II. The investment was fully funded from existing credit facilities. PERP plans to invest a total of EUR 900 mln in the fund, which is targeting total investment of EUR 3 bn.

At the same time, US parent company Prologis contributed 630,000 m2 of modern distribution space in eight European countries valued at EUR 613 mln.