The proposed conversion of Prologis European Properties (PEPR) from a fonds commun de placement (FCP) to a société d’investissement à capital fixe (SICAF) will lead to additional financial risks, according to APG. On Tuesday, the Dutch pension giant sent a letter to this effect to PEPR's management, chairman Geoffrey Bell and CEO Peter Cassels.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
