Prologis expands German footprint with 260,000 square meter portfolio acquisition. Properties are primarily located in major areas of population, supporting company’s urban growth strategy.
 

Prologis, Inc., the global leader in logistics real estate, today announced the acquisition of an 11-building portfolio in Berlin and Rhine-Ruhr. The acquisition substantially bolsters Prologis’ presence in these two key logistics markets.

Our ‘Prologis Essentials Marketplace’ has just launched for Europe,’ a handy procurement platform that helps our customers quickly set up, integrate or upgrade their warehouse operations with sustainable and cost-saving technologies, products and services.

Prologis, Inc., the global leader in logistics real estate, will begin developing a logistics facility in Bremen in the 4th quarter of 2019. The building will be built speculatively with an area of approximately 17,000 square meters. The project is scheduled for completion in the 3rd quarter of 2020.

Amsterdam (4 June 2019) – Prologis, Inc., the global leader in logistics real estate, has achieved WELL Certified™ Gold for its DC5 logistics facility in Tilburg, the Netherlands. This marks the first time that the International WELL Building Institute™ (IWBI™) has issued a Gold-level certification at a fully fitted logistics project. The 25,800 square meter facility is a build-to-suit for Pantos Logistics.

Prologis, Inc., the global leader in logistics real estate, and L’Oréal today celebrated the opening of a new carbon-neutral logistics facility in Muggensturm. The event was attended by 150 guests from the worlds of politics and business, as well as local residents. The facility comprises about 100,000 square meters, making it L’Oréal’s largest distribution center in the world.

Prologis announced the acquisition of 295,000 square meters (3.2 million square feet) of prime properties in four of Sweden’s strongest logistics markets.The acquisition substantially strengthens Prologis’ presence in Sweden.

Prologis announced its fourth quarter and full year 2018 activity in Europe. The company signed 205,059 square metres of new leases and 385,501 square metres of lease renewals. For the full-year 2018, total leasing activity comprised 3.06 million square metres, an expected decrease.

Prologis, Inc., the global leader in logistics real estate, today announced it is developing a 24,700 square meter logistics facility in the Hanover region. Prologis’ concept for the building is geared toward flexible use by its customers.