ProLogis Added to S&P 500

ProLogis, a Denver-based industrial real estate investment trust, has been added to the Standard & Poor's 500 Index.ProLogis will rank 340th on the index, based on an approximate market capitalization of $4.85 billion, and will constitute 0.05% of the index, ProLogis said. The company is the sixth REIT to be included in the S&P 500 Index, according to the J.P. Morgan Equity REIT team, bringing the total group weighting to 0.427%. The analysts view the inclusion as "further evidence that the group is gaining widespread visibility."

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