Prologis Inc, the global leader in logistics real estate, is extending its UK partnerships with climate change charity ‘Cool Earth’ and sustainability certification company ‘The Planet Mark’ to its European operations, as part of a pioneering initiative to reduce and mitigate whole-life carbon emissions in all its new logistics buildings.
In the fifth installment of our special series on COVID-19 and its implications for logistics real estate, we quantify the potential increase in long-term demand from higher inventory levels and accelerated e-commerce adoption in the third phase of the global pandemic, what we refer to as the "new normal".
In this fourth installment of our special report on COVID-19 and its implications for logistics real estate, we delve deeper into our proprietary data to highlight customer industry trends during each phase of the pandemic to-date.
Prologis, the global leader in logistics real estate, reported its first quarter 2020 earnings results on April 21, 2020. The company’s leadership team noted that it had entered the COVID-19 period in a position of strength, with significant liquidity and borrowing capacity.
Logistics Real Estate Amid the COVID-19 Outbreak
Prologis has appointed Paweł Sapek as regional head Central Europe, a role in which he is responsible for maintaining strong team leadership, identifying new opportunities and steering the region towards new paths of development.
Operating conditions and development economics align to drive above-trend growth
We have always shared the approach of putting customer needs and satisfaction at the center of everything we do with Uniq Logistic. Another thing we have in common is Prologis Park Łódź, where the logistics operator has leased 6,000 square meters of modern warehouse space, selected for their client from the FMCG sector.
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