Prologis to step up development activity in Poland in 2018

Image: Prologis

Industrial space developer Prologis plans to launch three new projects in Poland later this year. They will include one scheme in a new location for the company – Prologis Park Łódź – that will comprise some 93,000 sqm of space. Construction work on the development is expected to launch in the second quarter of this year.

Also in Q2 2018, Prologis wants to start building Prologis Park Poznań III. Two buildings offering a combined 60,000 sqm will be built in the first phase of the investment. The developer is also preparing to start expanding Prologis Park Janki south of Warsaw – the company has recently acquired 24 hectares of land in the location.

In 2017, Prologis leased a record 940,800 sqm of space in Poland. At the end of last year, the developer’s portfolio in the country had an occupancy level of 96.2%. The company completed five buildings in the Polish market in the period in question, which comprise a total of 93,000 sqm. It launched construction work on one built-to-suit project totaling 8,260 sqm.

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