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ProLogis, the world’s largest warehouse owner, received a $732 million loan from JPMorgan Chase to buy ProLogis European Properties.
The senior, unsecured term loan may be used only for units of ProLogis European, Denver-based ProLogis said Tuesday in a regulatory filing. ProLogis’ offer this month valued ProLogis European at 1.2 billion euros, beating a bid by APG Algemene Pensioen Groep NV and Goodman Group.
