Prologis - PLD- Profile

Prologis. The Group's principal activity is to own and operate a network of industrial distribution facilities in North America, Europe and Asia. The Group has qualified for approval as an Investment trust and as an Investment company as defined by Section 266 of the Companies Act 1985. The Group operates through three segments. Property operations represents the long-term ownership, management and leasing of distribution properties. Fund Management represents the long-term long-term ownership of industrial distribution and retail properties. Corporate distribution facilities business segment represents the development, acquisition and rehabilitation or acquisition and repositioning of distribution properties. At 31-Dec-2006, the Group has 2,466 properties aggregating 422.0 million square feet. A real estate investment trust that owns and operates a network of industrial distribution facilities in North America & Europe