Regions International
ProLogis Completes First Lease Transaction in Rome
May 5, 2008

ProLogis has announced that it has leased 327,000 square feet of distribution space in Rome, Italy, to Coop Italia, a major Italian supermarket chain. The customer has leased 100 percent of a recently completed distribution facility at ProLogis Park Anagni, where it plans to serve its network of retail grocery outlets throughout the greater Rome metro area. The warehouse, which is ProLogis' first in Rome, was developed using sustainable construction principles and a number of energy-efficient and environmentally friendly technologies.

 
Recent International Headlines
GPT Plans to Sell Number of Assets
Australia-based REIT GPT Group has been hammered lately--and not news reports indicate it may need to sell almost $8 billion of its assets to turn itself around.
shanghai First Publicly Accessible Space in World’s Tallest Tower Opens
The Olympics may be over in China, but the exciting events haven’t stopped there. The highest publicly accessible built space, part of the tallest building in the world—the 101-floor, 1,614-foot Shanghai World Financial Center, has now opened.
covent garden Westfield Nabs Interest in U.K. Retail Owner
Less than a week after Simon Property Group acquired a 3.14 percent stake in U.K. retail property firm Liberty International, Australia-based Westfield Group has stepped up to take a 2.96 percent interest in Liberty.
Parque Arauco Appoints General Manager to Lead Colombia Expansion
Parque Arauco S.A., a Latin American shopping center developer and operator, has announced the appointment of Juan Pablo Romero as general manager of Inversiones Colombianas Arauco Ltd., Parque Arauco S.A.’s wholly-owned Colombian subsidiary.
Taubman Asia Unveils Flagship Stores at The Mall at Studio City, Macao
Taubman Asia, a subsidiary of U.S. mall REIT Taubman Centers Inc. has unveiled its roster of flagship stores at The Mall at Studio City in Macao.