ProLogis’s president of Europe, Gary Anderson, has been promoted to be ProLogis’s head of global investment management.

Philip Dunne – currently chief operating and finance officer for Europe, who joined ProLogis from Jones Lang LaSalle last year – will replace Anderson as the new president of Europe for ProLogis.

Anderson will relocate to ProLogis’s global headquarters in Denver, Colorado for his new global role.

Walt Rakowich, chief executive officer for ProLogis, said: ‘For the past three years, Gary has successfully led our business operations in Europe, growing our platform to more than 125m sq ft and strengthening our European management team.

'His experience will be extremely valuable as he assumes responsibility and drives performance for our global investment management business.’

Regarding Dunne’s appointment, he said: ‘Philip has a proven track record of leading operations and finance in a real estate environment throughout Europe.’