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Prologis sells Italian logistics property for €24M

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Prologis sells Italian logistics property for €24M

Prologis Inc. sold a 36,000-square-meter logistics property in Northern Italy's Veneto region for €24 million, IPE Real Assets reported.

M&G Real Estate, on behalf of the M&G European Property Fund, bought the asset, which is pre-leased for 15 years to logistics firm Geodis, according to the publication.