PropertyEU

ProLogis buys European shed developer unit

By A staff reporter 2007-02-12T00:00:00

ProLogis, the world leader in managing and developing distribution facilities, has acquired the industrial development business of Parkridge, a European rival, for EUR 447 mln. In a separate transaction, Parkridge's joint venture partner has agreed to sell its 50% stake in the Central European joint venture to ProLogis for EUR ...

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