ProLogis has set a date for a special meeting of shareholders to consider and vote upon the proposed merger between ProLogis and AMB Property Corporation, a move which would herald one of the biggest consolidations of distribution and warehouse holdings in the world.

ProLogis common shareholders of record at the close of business on April 21, 2011 will be entitled to notice of, and to vote at, the special meeting, which is scheduled to be held on Wednesday, June 1, 2011 at 9:00 a.m.

The vote will take place at ProLogis' world headquarters in Denver, Colorado with the anticipated effective date of the merger set for June 3, 2011. The company is also expected to declare its second quarter dividend on May 5, in coordination with AMB.