Prologis European Properties has announced a EUR 91.7 mln investment into Prologis European Properties Fund II (PEPF II). The private equity fund was established in August 2007 to acquire assets from Prologis' European development pipeline as well as conforming third-party assets. Funded from existing credit facilities Prologis’ total investment in the fund now stands at EUR 225 mln of the anticipated overall EUR 900 mln investment, maintaining a 30% ownership by the company.
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