ProLogis European Properties (PEPR), one of Europe’s largest owners of modern distribution facilities, said on Thursday it has lowered its EPRA earnings and distributable cash flow guidance for 2010 to between EUR 0.40 and EUR 0.44 per ordinary unit from between EUR 0.45 and EUR 0.50 due to the slowdown in the pace of improvement in market conditions.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
