Jan 13 Prologis Inc -
* Prologis consolidates two European funds and strengthens
relationship with Allianz in a transaction valued at EUR571
* ELV1 has acquired an additional asset from Prologis and
Allianz has purchased Prologis' 15 percent stake in ELV1
* Prologis will also receive net cash proceeds of
approximately EUR 183 million.
* With addition of Allianz, fund will have approximately 40
investors, including prologis.
* Consolidation of its Europe logistics venture 1 with its
Prologis targeted Europe logistics fund
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