News, interviews and testimonials from the warehouse market
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.
Within the framework of this year's second-largest lease transaction, FM Logistic extended its contract and increased its rental area at the M0 Central Business Park. With the new 21,170 square meters total area lease - supported by property consultant CBRE - the industrial park is now completely full.
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the release of its annual Sustainability Report. The report documents the company's activities in the three dimensions of sustainability: environmental stewardship, social responsibility and corporate governance and ethics.
Prologis, Inc., the global leader in logistics real estate, today announced that it has signed a new lease agreement for 4,800 square metres with Inter Cars Hungária, the largest passenger and truck parts dealer in Central and Eastern Europe, at its DC7 building now under construction at Prologis Park Budapest-Sziget. International real estate services firm CBRE facilitated the transaction.
