Prologis signs 2.4 million sqm in leases, renewals in H1

Prologis signed leases and renewals on 2.4 million sqm and started construction on 13 buildings totaling 393,455 sqm in the first six months of the year. New developments include Coolblue at Prologis Park Tilburg in the Netherlands, Logiters at Prologis Park Penedes in Spain, Textile House at Prologis Park Bratislava in Slovakia and Sainsbury’s at Prologis Park Pineham in the UK. In the first half of the year, Prologis acquired 138 ha of development land in Europe, as well as a portfolio of five fully leased buildings totaling 77,000 sqm in Sweden. During the same period, the company disposed of 397,000 sqm in buildings across Europe, along with 32 ha of land. The strongest markets for Prologis Europe during the six-month period were the UK, the Netherlands, Germany, Italy, Slovakia, Stockholm, Barcelona, Prague and Budapest.