This press release is not an offer of securities for sale, or the solicitation
of an offer to buy securities, in the United States or elsewhere. The securities
mentioned in this press release have not been and will not be registered
pursuant to the US Securities Act of 1933, as amended. They cannot be offered or
sold in the United States absent registration or an exemption from registration.
No public offer of the securities has been or will be made in the United States
or elsewhere.

News release

   ProLogis European Properties to announceFourth Quarter and Year End 2009
                 Financial Results on Thursday 11 February 2010

Luxembourg - 11 January 2010 - ProLogis European Properties (Euronext: PEPR),
one of Europe's largest owners of modern distribution facilities, will announce
its Fourth Quarter and Year End 2009 Financial Results on Thursday 11 February
2010.

Earnings Release:
ProLogis European Properties'Fourth Quarter and Year End 2009 Financial Results
will be released on Thursday 11 February 2010 at 9am CET and will be available
on the PEPR website, www.prologis-ep.com <http://www.prologis-ep.com/>.

Earnings Webcast and Conference Call:
A Webcast Presentation and Conference Call with senior management to discuss
theFourth Quarter and Year End 2009 Financial Results and future outlook will be
held on Thursday 11 February 2010, at 12 noon CET.

The webcast can be accessed by clicking on the link entitled "Fourth Quarter and
Year End 2009 Financial Results Webcast" located on the home page of the PEPR
website,www.prologis-ep.com
<./../..//Local%20Settings/Temporary%20Internet%20Files/jvandere/Local%20Setting
s/jvandere/Local%20Settings/Temporary%20Internet%20Files/www.prologis-ep.com>.

To participate in the conference call please dial one of the following numbers,
using passcode 49982957


                              Toll free              Toll

  International                   --         +44 (0)1452 555 566

  France                     0805 632 056    +33 (0)1 76 74 24 28

  Luxembourg                  800 27512               --

  The Netherlands           0800 023 5091    +31 (0) 20 717 6886

  UK                        0800 694 0257    +44 (0)844 493 3800

  US                        1 866 966 9439            --


Replay Information:
A replay of the webcast and a transcript of the call will be available in
"Presentations & Webcasts" in the Investor Relations section of the PEPR
website,www.prologis-ep.com/pepr/investor/
<http://www.prologis-ep.com/pepr/investor/>.

The conference call replay will be available from 4pm CET on Thursday 11
February 2010 until Wednesday 24 February 2010.  To access the conference call
replay please dial one of the following numbers, using passcode 49982957#:


                        Toll free             Toll

  International             --         +44 (0)1452 550 000

  UK                  0800 953 1533    +44 (0)845 245 5205

  US                  1 866 247 4222           --



                                     -Ends-

For further information, please contact:

Investor relations
ProLogis European Properties
Jennifer van der Eem
+44 207 518 8708
jvandereem@prologis.com 

Media
M:Communications
Ed Orlebar / Charlotte McMullen
+44 20 7920 2323 or 7920 2349
orlebar@mcomgroup.com  / mcmullen@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 (NYSE: PLD), a leading global provider of industrial
distribution facilities. In September 2006, PEPR was listed on Euronext
Amsterdam.

As at 30 September 2009, PEPR has a portfolio of 232 buildings, covering 4.9
million square metres in 11 European countries, with a market value of EUR2.8
billion. The portfolio has an occupancy level of 96.3% and an average of 3.4
years to the next lease break or 5.5 years to lease expiry.



[HUG#1371872]





    Press release (PDF): http://hugin.info/139145/R/1371872/335833.pdf