Prologis Launches Japanese Real Estate Investment Trust

Prologis, Inc., one of the leading global owner, operator and developer of industrial real estate, has just announced it will become the sole sponsor of Japanese real estate investment trust Nippon Prologis REIT, Inc (NPR).

Prologis & Dalepak Limited Lease Deal

Industrial real estate giant Prologis, Inc. (NYSE: PLD) has just announced leasing Prologis Park Pineham DC139, a 139,000-square-foot building in the UK. Leaser Dalepak Limited, a logistics provider, obtains a 100 percent utilized property in the deal.

ProLogis AMB Merger Solves A Wealth of Problems

In news from the commercial sector, Denver based ProLogis, and AMB Property Corporation of S.F. announced on Wednesday their merger negotiations. These two publicly traded companies are the two largest players within the warehousing and distribution center realm. Some experts suggest the merger is nothing more than an effort to make economies of scale more reaonable for the two. ProLogis has lost millions due to logistic nightmares and other such inefficiencies spotlighted by the financial crisis worldwide.

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