ProLogis European Properties, the European arm of US logistics giant Prologis, said in a statement on its Q1 results on Wednesday that it is in the final stages of selling a EUR 115 mln logistics property portfolio. The company, which recently secured EUR 235 mln of new credit facilities, added that a number of discussions are underway for further property disposals.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
