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Prologis News
Real Estate Weekly – 2/10/12: Ulman names new housing director
Daily Record (subscription)Cassidy Turley announced the sale of the Prologis (formerly AMB Property Corp.) office/flex portfolio in Columbia. The 588009-square-foot portfolio consists of 20 buildings in three business parks (Columbia Gateway Business Park, Columbia Business ...

CT's Greenfield pays $100M for Wash.-Balt. realty
Hartford BusinessAmong the deals, Greenfield paid $80.75 million for the AMB/Prologis portfolio in three Columbia office parks, including assumption of a $58 million mortgage, Gazette.Net reports. Greenfield also bought five properties in White Marsh, ...

ProLogis European Properties sells UK portfolio for €180.3m
Transport IntelligenceProLogis European Properties has announced that it has sold ten UK logistics assets for a total of €180.3m. If you are already a subscriber, you may have been logged out due to a period of inactivity, please login to try again.

PEPR to focus on further deleveraging in 2012
PropertyEUPrologis European Properties (PEPR) plans to improve its credit rating in 2012 through further deleveraging, the Amsterdam-listed distribution space specialist said at the announcement of its 2011 results this week. In line with this goal, ...

Bank of American Reiterates Buy, $33 PO on Prologis
BenzingaBy David Johnson Bank of America maintains its Buy rating and $33 target price on Prologis (NYSE: PLD) as the company posts significant beat to estimates and consensus for the quarter. Bank of America says, "Progress made on all fronts leading to ...

Citigroup Reiterates Neutral, $27.50 Target on Prologis
BenzingaBy David Johnson Citigroup maintains its Neutral rating on Prologis (NYSE: PLD) with a $27.50 target price as the company makes solid progress. Citigroup notes, "PLD's shares are reacting well to an earnings beat, in-line 2012 guidance, and positive ...

Connecticut investor buys Baltimore-Washington portfolios for $100 million
Gazette.Net: Maryland Community News OnlineThe company paid $80.75 million for the AMB/Prologis portfolio in three Columbia office parks, including assumption of a $58 million mortgage, according to state records. Prologis of San Francisco, the world's largest industrial property owner, ...



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