ProLogis European Properties (PEPR), the Amsterdam listed shed giant, has appointed Gordon Keiser as its new chief executive.

Keiser, a senior vice-president and treasurer at ProLogis takes the helm on 1 June, replacing Robert Watson, who returns to the US as the company’s chief sustainability officer. Watson will remain on the board of PEPR.

Extraordinary experience

ProLogis chairman and chief executive, Jeff Schwartz said: ‘Gordon has been intimately involved with PEPR since its inception as private fund in 1999 and has an unusual and extraordinary combination of experience in both the industrial real estate and financial sectors.’

PEPR has a logistics portfolio of 317 properties covering 74m sq ft in 12 countries. It’s market value about €5.4bn (£4.3bn).