Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced that it leased more than 1.16 million square metres of industrial distribution space in Central & Eastern Europe (CEE) during 2012, 60 percent of which was in Poland.
Leasing Activity
According to data published by CBRE in January 2013, Prologis held a 38 percent share of the industrial real estate leasing market in the CEE region in 2012.
Prologis signed new leases covering 427,000 square metres and renewed leases totalling more than 474,000 square metres. The remaining activity was covered through short-term agreements.
Ben Bannatyne, managing director, Prologis Central & Eastern Europe, said: “2012 was another strong year for Prologis in the CEE, with leasing activity exceeding one million square metres for the third year running. Our customers tell us they value the quality of our facilities, our flexible approach—providing ready-to-lease solutions— and the technical expertise we have to offer. This is a winning formula and I am very proud of our achievements in 2012.”
