Prologis rallies, but broader sector slows
Posted on December 23, 2008 at 10:41 AM EST
NEW YORK (MarketWatch) -- Shares of ProLogis jumped Tuesday, rallying as the real estate investment trust said it's selling its operations in China and property fund interests in Japan to affiliates of GIC Real Estate for $1.3 billion, plus assumed liabilities, but the broader financial sector fell in slow holiday trading.