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| ProLogis launches new property funds ProLogis, the world's largest owner, manager and developer of distribution facilities, announced that it has formed four new property funds that will own state-of- the-art distribution centers in Europe, the United States, Mexico and South Korea. The new funds have a combined capacity of over $14 billion. They will serve as exclusive investment vehicles for properties from ProLogis' development pipeline in their respective regions and will have the ability to make third-party acquisitions that meet the respective funds' criteria. write your comments about the article :: © 2007 Construction News :: home page |