8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported) August 28, 2006

ProLogis

(Exact Name of Registrant as Specified in its Charter)

Maryland

(State or Other Jurisdiction of Incorporation)

1-12846	74-2604728
(Commission File Number)	(I.R.S. Employer Identification No.)

4545 Airport Way, Denver, Colorado	80239
(Address of Principal Executive Offices)	(Zip Code)

(303) 567-5000

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

            On August 28, 2006, ProLogis issued a press release, a copy of which is filed as Exhibit 99.1 to this report and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

            (c) Exhibits. The following document has been filed as an exhibit to this report and is incorporated by reference herein as described above.

Exhibit No.	Description
99.1	Press Release, dated August 28, 2006.

1

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PROLOGIS
August 28, 2006	By:	/s/ Edward S. Nekritz
		Name:	Edward S. Nekritz
		Title:	Managing Director, General Counsel and Secretary

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Exhibit Index

Exhibit No.	Description
99.1	Press Release, dated August 28, 2006.

3

EX-99.1

Exhibit 99.1

News Release

PROLOGIS EUROPEAN PROPERTIES
PLANS TO FLOAT ON EURONEXT AMSTERDAM

DENVER — August 28, 2006 — ProLogis (NYSE: PLD), a leading global provider of distribution facilities and services, announced today that ProLogis European Properties (PEPR), a real estate investment fund that owns a portfolio of distribution facilities in Europe and is externally managed by a subsidiary of ProLogis, is planning an Initial Public Offering of ordinary units by certain selling unitholders on Euronext Amsterdam N.V.’s Eurolist by Euronext.

Pursuant to restrictions under applicable securities laws, ProLogis and PEPR are not providing additional comment about the offering at this time. Further announcements relating to the offering will be made when appropriate.

PEPR’s securities have not been and will not be registered under the Securities Act of 1933. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities of PEPR and such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933.

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For ProLogis

Media:	Arthur Hodges	Investors:	Melissa Marsden
	ProLogis		ProLogis
	303-567-5667		303-567-5622
	ahodges@prologis.com		mmarsden@prologis.com