Prologis has agreed to develop two build-to-suit projects in the Czech Republic and Germany which will provide a total 55,000 m2 of logistics space.
Prologis has agreed to develop two build-to-suit projects in the Czech Republic and Germany which will provide a total 55,000 m2 of logistics space.
Cerva, a wholesale personal protection equipment supplier, has taken a pre-lease on a 31,200 m2 facility which Prologis will develop at Prologis Park Prague-Airport. It is Prologis' second building at the park and will be submitted for BREEAM certification.
Prologis will also develop a 24,000 m2 facility at Peine, near Hannover, for international fashion logistics provider Meyer & Meyer. It will be Meyer & Meyer's second Prologis-built facility in Peine. Prologis aims to achieve Silver Certification from the German Sustainable Building Council (DGNB).
'Demand for build-to-suit developments in Europe continues to be driven by a limited supply of high-quality logistics facilities,' said Philip Dunne, president of Prologis Europe. 'Our well-located land bank and ongoing focus on sustainable building practices allow us to meet customer needs in key regional markets.'
Prologis owns and manages 14.3 million m2 of logistics and distribution space in Europe as of end-June 2014.
