Listed property firm Prologis European Properties (PERP) has invested EUR 82.35 mln in Prologis European Property Fund II. The investment was fully funded from existing credit facilities. PERP plans to invest a total of EUR 900 mln in the fund, which is targeting total investment of EUR 3 bn.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
