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Prologis Leases 26,500 Square Metres to DB Schenker in Hungary

Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today announced it has signed a new 26,500 square metre lease agreement at Prologis Park Budapest-Sziget with DB Schenker, a leading integrated logistics provider and long-term, global customer.

RICS Global Commercial Property Monitor Q1 2014

The Q1 2014 RICS Global Commercial Property Monitor for Romania confirms the gathering strength of the occupier and rental markets, following the downward correction of the real estate markets over the last three years. At the same time, the latest Monitor also indicates that investor sentiment, although virtually stable on the previous quarter, continues on the improving trend, reaching its highest level since early 2011. Nevertheless capital values anticipated as stable in short-term.

Prologis Purchases R6 Logistics Park from Skanska

Prologis, Inc., the leading global owner, operator and developer of industrial real estate, and Skanska Property Czech Republic, a subsidiary of Skanska Group, today announced that Prologis has acquired the R6 Logistics Park, located north west of Prague, from Skanska.

Good April for Prologis in the Warsaw Region

Prologis, Inc., the leading global owner, operator and developer of industrial real estate announced today that it has signed six lease agreements totalling almost 94,000 square metres in the Warsaw region.

Prologis CEE Employees Participated in Company’s Second Annual Global Day of Service

Prologis, Inc., the leading global owner, operator and developer of industrial real estate today announced that its CEE employees spent last Friday carrying out volunteer activities as part of the company’s annual day of community service.

Gebrüder Weiss Expands at VGP Park Győr

The logistic service provider enlarged its base with nearly 2,300 sq m at VGP Park Győr. After renting 1,335 sq m of logistics and 116 sq m of office space last year, one of Hungary's leading logistics companies, Gebrüder Weiss has signed a further 2,181 sq m of industrial and 118 sq m of office space in VGP Park Győr.

EUROPOLIS PARK BUDAPEST AEROZONE WELCOMES NEW COLD-STORAGE TENANT

Cushman & Wakefield (C&W), the world’s largest privately-held commercial real estate services firm, has advised on Metro Kereskedelmi Kft.’s 4,000 sq m temperature controlled warehouse and 273 sq m office space transaction in Europolis Park Budapest Aerozone, owned by CA Immo.

PROMOTION AT CUSHMAN & WAKEFIELD BUDAPEST

Cushman & Wakefield (C&W), leading global commercial real estate adviser, promoted István Fazekas Head of Industrial Department to Associate, with effect from April 2014. István’s recent appointment to Associate is an acknowledgement of his accomplishments in the Hungarian Industrial Team. He has been leading a team of 3 since 2012 and has largely contributed to C&W’s success in the past years to become market leaders in this field as well.