Prologis Europe is gearing up to recapitalise part of its investment property portfolio. Under the plan, the company will seek to recapitalise the former Prologis European Properties (PEPR) portfolio which Prologis now fully owns. The EUR 2.8 bn portfolio includes 210 distribution facilities covering 4.5 million m[sup]2[/sup] across 11 European countries.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
