Prologis European Properties (PEPR), Europe's largest owner of modern distribution facilities, said on Wednesday that it has established a new EUR 900 mln senior unsecured credit facility. The credit line was arranged through a syndicate of 19 banks led by Bank of America Securities and ABN Amro.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
