PropertyEU

Prologis posts lower net EPS in Q2; makes progress on deleveraging

By A staff reporter 2009-07-27T00:00:00

Global logistics property provider Prologis said net earnings in the second quarter of 2009 fell to $0.58 (EUR 0.41) per diluted share, compared with $0.76 per diluted share in 2008. Included in the Q2 2009 figure were $0.46 of additional gains, primarily associated with the sale of non-development properties.

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