DENVER, Nov. 1 -- ProLogis (NYSE: PLD), a leading global provider of distribution services and facilities, announced today that its Board declared ProLogis' fourth quarter dividend in the amount of $0.335 per common share, payable on November 22, 2000, to shareholders of record on November 8, 2000.
ProLogis is a leading global provider of integrated distribution facilities and services, with 1,662 distribution facilities owned or managed throughout North America and Europe. ProLogis has built the industry's first and only global network of distribution facilities and services with the primary objective to build shareholder value by becoming the world's leading provider. The company expects to achieve this objective through the ProLogis Operating System(TM), and its commitment to be "The Global Distribution Solution" by providing exceptional corporate distribution services and facilities to meet customer expansion and reconfiguration needs globally. As of September 30, 2000, ProLogis owned, managed or had under development a total of 188.7 million square feet of distribution facilities, in 98 global markets.