Prologis is starting the first construction phase of Prologis Park Dortmund DC4WARD in Dortmund-Dorstfeld. This marks the beginning of the company’s largest current development project in Germany and further expands Prologis’ presence in the Ruhr region. On a former industrial site covering around 278,000 square meters, Prologis is developing a logistics, commercial and light industrial park with a total building area of around 130,000 square meters. Completion is planned for 2028.

Søstrene Grene yesterday officially opened its new approx. 45,000 sq m distribution centre at Trade Port Noord in Venlo developed by Prologis. Located at the Prologis Park in Venlo, the facility will support distribution to Søstrene Grene stores and customers in parts of Europe and marks the retailer’s first distribution hub outside Denmark.

Prologis today celebrated the laying of the foundation stone in Herne, marking the start of construction of a logistics facility comprising two buildings with a combined floor area of around 20,500 square meters. The project is being developed on a 36,400-square-metre brownfield site that has been unused since 2020 and is scheduled for completion by the end of 2026.

La Caisse (formerly CDPQ), a global investment group, and Prologis, Inc. (NYSE: PLD) today announce an agreement to create Prologis Logistics Investment Venture Europe (PLIVE), a new pan European joint venture focused on acquiring, developing and operating high-quality logistics properties.

Introduced in 2015, the Prologis Logistics Rent Index examines trends in net effective market rental growth1 in key logistics real estate markets in North America2, Europe, Asia and Latin America. Our proprietary methodology focuses on taking rents, net of concessions, for logistics facilities. To create the index, Prologis Research combines the company’s local insights on market pricing dynamics with data from our global portfolio. 

Supply chains will shift permanently toward resilience. This will create powerful demand tailwinds in logistics real estate and could prolong or worsen the shortage of space and labor. Tomorrow’s supply chain will be defined by those who act quickly and decisively.

Our last paper explored the structural trends driving demand for prime logistics space. Given that demand will remain strong in the foreseeable future, our focus now turns to the implications for new supply.

The global pandemic has forever altered the logistics real estate landscape: supply chain decisions have become more holistic, more data-driven and more urgent than ever. Underlying this shift are the same forces -- urbanization, digitalization and demographics -- that have changed the way we live, work and shop.

Logistics service provider Rhenus Home Delivery needed a build-to-suit, energy-efficient logistics facility in northern Germany. The location had to be close to a motorway because Rhenus needed to deliver to end customers in the region. The plan was to handle the transport of furniture, household and electrical appliances, and other products from the new location.

Using brownfield sites for logistics properties is a sustainable choice because it doesn’t require disturbing undeveloped land, but the revitalization process can be costly. We can only assess the extent of a property’s contamination completely during excavation work. 

Almost 30 years ago, a facility in Hamburg-Hausbruch was built for the microchip manufacturer Philips. The Philips subsidiary NXP later used the buildings briefly, but vacated them in the summer of2010. In 2011, Prologis, which already owned two other logistics facilities at the location, bought the former Philips site to develop a new speculative facility.

Construction of a logistics park directly adjacent to Germany’s Hanover-Langenhagen Airport’s runway involves unique requirements. To ensure the project progresses smoothly, Prologis is relying on the help of BeMo Tunneling. “We have collaborated successfully with the experts from BeMo Tunneling several times in the past,” says Stefan Olesch, director project management. “The proximity to the airport makes the project in Hanover a real challenge, but one that we are happy to tackle together with BeMo.”