New Venture Seeded with 4.5 Million Square Metre Prologis Class-A Portfolio; Completes European Recapitalization Ahead of Schedule Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced the signing of a definitive agreement to form Prologis European Logistics Partners Sàrl, a euro-denominated joint venture. The venture will acquire a portfolio of high-quality distribution facilities wholly owned by Prologis in 11 target European global markets.