Simon Nelson appointed European asset manager of ProLogis European Properties

ProLogis European Properties (Euronext: PEPR) has announced the appointment of Simon Nelson as Head of Asset Management, with effect from 1 August 2008.

Simon, who will be based in Amsterdam, was most recently responsible for European acquisitions and disposals, in addition to coordinating independent portfolio valuations across Europe, at ProLogis (NYSE: PLD), PEPR's external manager. He replaces Ralf Wessel, who becomes Managing Director Global Investment Management for ProLogis, where he will be responsible for all investment management activities.

CEO Gordon Keiser said: "We are delighted that Simon has agreed to join the team at PEPR. Simon has been working with ProLogis in Europe since 2001 so has an extensive knowledge of the PEPR portfolio of investments and the European marketplace. We believe that he will be a very valuable asset and will help drive PEPR forward as we continue to actively manage our portfolio and expand the business in Europe."

Simon Nelson joined ProLogis in January 2001 with initial responsibility for investment acquisitions in Southern Europe. Latterly he has been responsible for European acquisitions and disposals, together with overseeing the portfolio valuations. A UK trained chartered surveyor, he has been resident in continental Europe since 1992. Prior to joining ProLogis, he was a partner and investment director at DTZ in France, covering all aspects of commercial real estate investment.

Source: ProLogis

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