Prologis, Inc., the global leader in logistics real estate, today announced that it has begun development of a 11,720 square metre speculative distribution facility at Prologis Park Prague-Airport in response to high customer demand, which has resulted the park’s 100 percent occupancy.
Prologis, Inc., the global leader in logistics real estate, congratulates CEVA Logistics for scoring the winning goal at the third annual Prologis five-a-side football tournament in Hungary on 16 September. Inter Cars and Brendon finished in second and third place, respectively.
Prologis, Inc., the global leader in logistics real estate, today celebrated the grand opening of a 16,000 square metre small business unit (SBU) facility at Prologis Park Chorzów, which is already 60 percent leased. This is the last building to be constructed at Prologis’ largest distribution centre in Poland, totalling 251,000 square metres.
Prologis, Inc, the global leader in logistics real estate, today announced that it will deliver a 11,740 square metre build-to-suit (BTS) facility for Geis PL, a German logistics operator, at Prologis Park Stryków. The project is scheduled for completion in the fourth quarter of 2016.
The company leased more than 400,000 square metres of distribution space, an increase of more than 7 percent over the same period last year. Demand continues to be driven by reconfiguration of the supply chain and e-commerce.
There was a significant increase in demand in Hungary for income-producing industrial properties bought for investment purposes in the past two years. China's Shanghai Feilo Acoustics owned Inesa Europe purchased more than 16,000 square meters of industrial property under such a deal. The distribution center located at Dunakeszi serves the European customers one of the largest LED manufacturers in China.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q2 2016 industrial market snapshot.
Prologis, Inc., the global leader in logistics real estate, today announced that it has signed a lease agreement with Grupa Allegro, the largest e-commerce platform in Poland, for 21,950 square metres at Prologis Park Błonie. The transaction involves 13,100 square metres of space that has been leased now and an additional 8,850 square metres that will be leased in 2017.
