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Provider: Stock Traders Daily
Provider: Stock Traders Daily
Provider: Pechala's Reports
Provider: Reuters Investment Profile

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Prologis Inc Raises $610 Million For Prologis European Properties Fund II

Tuesday, 1 Oct 2013 09:00am EDT 

Prologis Inc announced that Prologis European Properties Fund II (PEPF II) has received new capital commitments of EUR450 million ($610 million) after opening to new investors for the first time. Investor demand exceeded the offering amount and fundraising closed ahead of its mandated period. In September, PEPF II accepted final capital commitments to reach the EUR450 million ($610 million) equity cap for the offering, which includes EUR125 million ($167 million) of additional capital committed by Prologis. Approximately 70% of the equity came from new investors. Subsequent to the raise, almost half of the EUR450 million has been deployed into acquisitions from Prologis and third parties. 

Company Quote

0.1966 +0.48%
28 Aug 2014