03/04/2012

-Ends-

For further information, please contact:

Investor relations
Jennifer Crooke
+44 207 518 8708
jcrooke@prologis.com

Media
M:Communications
Charlotte McMullen
+44 20 7920 2349
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, 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 December 2011, PEPR has a portfolio of 220 buildings, covering 4.7 million square metres in 11 European countries, with a market value of €2.6 billion. The portfolio has an occupancy level of 94.4% and an average of 2.8 years to the next lease break or 3.7 years to lease expiry.

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This press release was issued by Prologis European Properties and was initially posted at http://www.prologis-ep.com/pepr/media/releases/2012/03042012/ . It was distributed, unedited and unaltered, by noodls on 2012-04-03 16:05:28 PM. The issuer is solely responsible for the accuracy of the information contained therein.