Prologis together with L’Oréal today celebrates the cornerstone ceremony for the new logistics facility in Muggensturm, Germany. Prologis is the project developer. Already at the beginning of next year, all 450 employees are to move into their new workplace. Upon its completion, the CO2-neutral facility will comprise an area of over 100,000 square meters. L’Oréal will supply the markets in Germany, Austria, and Switzerland from here.

DÜSSELDORF (February 6, 2018) – Prologis, Inc., the global leader in logistics real estate, today announced the construction start of a CO₂-neutral logistics center for L’Oréal. At completion, the facility, located in Muggensturm near Karlsruhe, will comprise approximately 101,000 square meters of logistics space.

Prologis today announced the acquisition of 16 hectares of land in Dortmund, Germany. The seller is Dortmund Logistik GmbH. Upon completion of the ground preparations in 2020, the land will be handed over to Prologis.

Prologis has signed two lease agreements for a total of around 26,400 square meters of existing space in Hanover, Germany. Electrical retail group “expert” will start operations in a facility measuring 16,500 square meters at Prologis Park Hanover-Langenhagen on January 1, 2018. A food retailer has been using a logistics facility measuring 9,900 square meters on the site since September 1, 2017.

Prologis today executed a lease agreement with Borchers NordWest Warehousing Solutions GmbH for a logistics building with approximately 17,800 square meters in Hamm. With Umarex renting the remaining 5,700 square meters, the logistics park in Hamm was fully let upon its completion.

Prologis released new research that examines why logistics customers in Europe choose certain locations over others. The report, titled “Customer Growth Strategies: Europe’s Most Desirable Logistics Locations”, also reveals which locations in the rapidly changing European logistics market are thriving.

Prologis, Inc. kicked off its new Germany website as part of the company’s global website relaunch. Prologis Germany’s site went live on September 22.

Prologis, Inc. today announced that it has entered into two long-term lease agreements with Airbus, Europe’s largest aircraft manufacturer, for a total of 23,600 square meters in Hamburg.

Prologis, Inc. today announced it will develop a new logistics facility totaling approximately 52,500 square meters in Kerpen, Germany.