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                                                                    EXHIBIT 23.4



                       CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the use of our report dated January 24, 2001 relating to the
consolidated balance sheets of CS Integrated LLC and subsidiaries as of December
31, 2000 and 1999 and the related consolidated statements of income, changes in
member's equity, and cash flows for the years then ended included in the
ProLogis Trust's Form 10-K for the year ended December 31, 2000.



KPMG LLP

New York, New York
March 19, 2001