ProLogis Names Ralf Wessel Senior Vice President and Manager, European Fund & Capital Markets.

PR Newswire Europe, May, 2006

AMSTERDAM, Netherlands, May 4 /PRNewswire/ --

ProLogis (NYSE: PLD), a leading global provider of distribution facilities and services, announced today that Ralf Wessel has joined the company as Senior Vice President and Manager, European Fund & Capital Markets.

Mr. Wessel comes to ProLogis from Equity Estate, a Netherlands-based real estate investment management company, where he was responsible for initiating and structuring new investment vehicles for Middle Eastern investors. Further responsibilities included the development and execution of investment strategy for the company's managed funds, active asset management, acquisitions, and related debt structuring.

"We're extremely pleased to have Ralf Wessel on board as a member of the...

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