ProLogis European Properties: PEPR calls Annual General Meeting
(Thomson Reuters ONE) -
News release
PEPR calls Annual General Meeting
Prologis, Inc. has increased its ownership in PEPR to over 96%
Luxembourg - 31 May 2012 - ProLogis European Properties (Euronext: PEPR), one of
Europe's largest owners of modern distribution facilities, announced today that
it is holding its Annual General Meeting ("AGM") to vote on four agenda Items.
The first three agenda items relate to normal business for an annual general
meeting, namely the approval of the 2011 financial accounts, the reappointment
of PEPR's independent auditor and the re-election of Mr. Didier Cherpitel as an
Independent Board Member. The fourth agenda item concerns a proposal to wind-up
PEPR tabled by Prologis, Inc., in accordance with Article 18.1 of the Management
Regulations.
PEPR has been informed by Prologis, Inc. that it has increased its holding in
PEPR to 96.4% of the ordinary units and 98.6% of the preferred units.
In relation to the fourth agenda item, concerning the resolution to wind-up
PEPR, the Luxembourg Commission de Surveillance de Secteur Financier has
approved the Management Company's role as liquidator of PEPR, should the
majority of ordinary Unitholders vote in favour of the proposal. Furthermore, it
has no objections regarding the tabling of the proposal or the proposed process
to be followed to wind-up PEPR. This process is documented and forms part of the
AGM material distributed to Ordinary Unitholders. These documents are also
available on the PEPR website, www.prologis-ep.com.
The AGM will be held in Luxembourg and will commence at 08:00 CET on 27 June
2012.
-Ends-
For further information, please contact:
Investor relations
Jennifer Crooke
+44 207 518 8708
jcrooke(at)prologis.com
Media
M:Communications
Charlotte McMullen
+44 20 7920 2349
mcmullen(at)mcomgroup.com
About ProLogis European Properties (PEPR)
ProLogis European Properties, or PEPR, is one of the largest pan-European owners
of high quality distribution and logistics facilities. PEPR was established in
1999 as a closed-end, real estate investment fund, externally managed by a
subsidiary of Prologis, Inc. (NYSE: PLD), a leading global provider of
industrial distribution facilities. In September 2006, ordinary units in PEPR
were listed on the Luxembourg Stock Exchange and Euronext Amsterdam.
As at 31 March 2012, PEPR has a portfolio of 210 buildings, covering 4.5 million
square metres in 11 European countries, with a market value of ?2.5 billion. The
portfolio has an occupancy level of 93.6% and an average of 3.0 years to the
next lease break or 5.1 years to lease expiry.
Click here for PDF version of release:
http://hugin.info/139145/R/1616374/515497.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ProLogis European Properties via Thomson Reuters ONE
[HUG#1616374]
Unternehmensinformation / Kurzprofil:
Datum: 31.05.2012 - 16:30 Uhr
Sprache: Deutsch
News-ID 151972
Anzahl Zeichen: 3674
contact information:
Town:
Luxembourg
Kategorie:
Business News
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