PROLOGIS TRUST
S-8, EX-23.2, 2000-09-27
REAL ESTATE
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                                                                  Exhibit 23.2


                 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

As independent public accountants of Frigoscandi Holding AB, we hereby
consent to the incorporation of our report dated January 24, 2000 included
in ProLogis Trust's Form 10-K for the year ended December 31, 1999 into
ProLogis Trust's registration statement on Form S-8. It should be noted
that we have not audited any financial statements of the Company subsequent
to December 31, 1999, or performed any audit procedures subsequent to the
date of our report.




                                                     KPMG LLP


Stockholm, Sweden
September 25, 2000






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