Prologis European Properties (PEPR) has raised EUR 500 million though an unsecured bond issue by Prologis International Funding, a fully-owned subsidiary of PEPR, in the Euro bond market. The issue, due 2014 is PERP's first issue of unsecured notes.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
