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EXHIBIT 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement on Form S-4 of our Security Capital
Group Incorporated report dated March 23, 2000, our ProLogis Trust reports
dated March 21, 2000 and to all references to our Firm included in or made a
part of this registration statement. We further consent to the use of our
opinion dated September 29, 2000 regarding certain income tax consequences of
the proposed reorganization and offering included in or made a part of this
registration statement.
Arthur Andersen LLP
Chicago, Illinois
October 9, 2000
