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Prologis Reports Second Quarter Performance in Central and Eastern Europe

Prologis, Inc., the global leader in logistics real estate, today announced its second quarter activity in Central and Eastern Europe (CEE).

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.

Prologis ended the second quarter with 94.8 percent occupancy of the company’s operating portfolio, confirming the stabilisation of the market and strengthening of Prologis' position in CEE.

At the end of the quarter, the company’s operating portfolio was 4.35 million square metres. Adding developments, the portfolio was 4.52 million square metres.

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