Thursday May 29, 08:27 AM
ProLogis invests 28.2 million euros into its private equity fund PEPF II
AMSTERDAM (Thomson Financial) - ProLogis European Properties (PEPR) said it has invested 28.2 million euros into ProLogis European Properties Fund II (PEPF II), a private equity fund established by ProLogis in August 2007.
PEPR said
the investment is funded from existing credit facilities, and increases PEPR's gross investment in PEPF II to 253.2 million euros, of its anticipated overall 900 million euro investment.
PEPR added that the latest investment maintains its ownership at 30 percent.
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