PEPR renews 18,400 square metres of distribution space with Schenker
in Poland
(Thomson Reuters ONE) - This press release is not an offer of securities for sale, or thesolicitation of an offer to buy securities, in the United States orelsewhere. The securities mentioned in this press release have notbeen and will not be registered pursuant to the US Securities Act of1933, as amended. They cannot be offered or sold in the United Statesabsent registration or an exemption from registration. No publicoffer of the securities has been or will be made in the United Statesor elsewhere.News release ProLogis European Properties renews 18,400 square metres of distribution space with Schenker in PolandLuxembourg - 15 September 2009 - ProLogis European Properties(Euronext: PEPR), one of Europe's largest owners of modern warehousedistribution facilities, today announces that it has successfullyconcluded an 18,400 square metre lease renewal with Schenker, part ofthe DB Schenker Group, a leading third-party logistics provider inEurope serving many well-known brands in the automotive, electronicsand consumer goods industries.Schenker has renewed its existing 18,400 square metre lease atProLogis Park Teresin, Poland, under similar terms for an additionalthree years to June 2012.Marek Prószynski, acting Head of Logistics in DB Schenker said "Weconsider the Teresin site to be one of the most important andpromising warehouse platforms for our clients in Central Poland. Thekey factors that made us choose this location were convenientcommunication routes as well as direct access to the railway siding."Simon Nelson, head of asset management of PEPR added: "DB Schenker isone of our top 20 customers and we are pleased to be able to extendour relationship with them. We remain focused on maintaining goodrelationships with all our customers to ensure we continue to meettheir needs and in turn generate a sustainable level of cash flowfrom our portfolio."The transactions were completed on behalf of PEPR by ProLogis (NYSE:PLD), manager of the PEPR portfolio.ProLogis Park Teresin comprises six buildings totalling some 160,000square metres of modern distribution space in the city of Teresin,Poland, approximately 40 kilometres west of Warsaw city centre. Thepark has international transport connections via the E-30 highway toWarsaw, Poznan and Berlin and has direct access to the railwaynetwork connecting Western Europe with the Baltic countries andRussia. Other clients at ProLogis Park Teresin include DHL, RhenusContract Logistics, Tesco, Viva Manufacturing and Whirlpool. -Ends-For further information, please contact:Investor relationsProLogis European Properties +44 20 7518 8708Jennifer van der Eem, VP Investor Relationsjvandereem(at)prologis.comMediaM:Communications +44 20 7920 2323 or 7920 2349Ed Orlebar / Charlotte McMullenorlebar(at)mcomgroup.com / mcmullen(at)mcomgroup.comAbout ProLogis European Properties (PEPR)ProLogis European Properties, or PEPR, is one of the largestpan-European owners of high quality distribution and logisticsfacilities. PEPR was established in 1999 as a closed-end, real estateinvestment fund, externally managed by a subsidiary of ProLogis, aleading global provider of industrial distribution facilities. InSeptember 2006, PEPR was listed on Euronext Amsterdam.As at 30 June 2009, PEPR has a portfolio of 232 buildings, covering4.9 million square metres in 11 European countries, with a marketvalue of ?3.0 billion. The portfolio has an occupancy level of 96.9%and an average of 3.6 years to the next lease break or 5.8 years tolease.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 15.09.2009 - 09:00 Uhr
Sprache: Deutsch
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