Prologis, the global owner, operator and developer of industrial real estate, leased some 615,000 m[sup]2[/sup] of space in Europe during the second quarter of 2012.
Prologis, the global owner, operator and developer of industrial real estate, leased some 615,000 m2 of space in Europe during the second quarter of 2012.
The largest deals included a 20,400 m2 build-to-suit expansion at Prologis Park Hunxe in Germany, for one of the country’s largest providers of third-party logistics; a 17,500 m2 new lease at Prologis Park Pilsen-Stenovice near Prague in the Czech Republic; and a 20,500 m2 lease extension with UTi Hungary Logistics LLC at Prologis Park Budapest/Sziget.
During the second quarter of 2012 the company commenced two new build-to-suit developments in the UK and Germany comprising some 23,000 m2.
In Spain, Prologis acquired three fully-leased facilities in Spain, totalling 62,000 m2 in Granada del Penedes Village, a submarket near Barcelona.
In addition, Prologis completed the sale of approximately 29,000 m2 of buildings in Germany, and the sale of 99 hectares of non-core land in the UK and Germany.
