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Prologis announces third quarter activity in Europe

Prologis, Inc., the global leader in logistics real estate, today announced third quarter activity in Europe.

Prologis Europe ended the third quarter with 96.1 percent occupancy, an increase of 50 basis points from the second quarter. The company signed new leasing agreements totalling 549,130 square metres in the third quarter, nearly twice the volume signed in the same period in 2015.

At quarter-end, the company owned or had investments in, on a wholly-owned basis or through co-investment ventures, properties and development projects of 16.6 million square metres in Europe.

Notable new leasing activity in the third quarter included: 22,300 square metres for 4PX, a Chinese e-commerce company, at Prologis Park Dunstable, UK, 23,660 square metres for Logent, a third-party logistics provider, at Prologis Park Gothenburg, Sweden, 20,000 square metres for Samada, a third-party logistics provider, at Prologis Sénart DC1 near Paris, France.

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