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ProLogis, the US-based property company that specialises in distribution warehouses, is preparing to launch its first European securitisation backed by a pool of purpose built distribution facilities in France, the Netherlands and the UK.
Joint bookrunners ABN Amro and JP Morgan are marketing the Eu2lOm deal across Europe and expect to launch it towards the end of next week.
Officials at the banks said investors are responding favourably to the deal, attracted by its diversification across three countries and the...