M3 initiated and managed an auction for the sale of €300M of equity commitments in ProLogis European Properties Fund II (“PEPF II”). M3 disposed of the entire position, in extremely difficult market conditions, to a select number of high-quality institutional investors.
|Equity Interest Marketed:||€300 million|
|Total Fund Equity:||€3,000 million|
|Transaction Duration:||8 Weeks|
|Closing Date:||February 2009|