Prologis European Properties (PEPR) said EPRA earnings fell 18.8% to EUR 103.6 mln in 2009 from EUR 127.7 mln in 2008, due to a EUR 26.9 mln decline in rental income and the EUR 10 mln early termination of CMBS interest rate swaps. The decrease was partially offset by lower operating and finance costs for the year.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
