Prologis leases over 700,000 sqm in Poland in 2018

Industrial space developer Prologis leased 1.37 million sqm in CEE over the course of 2018, including 723,000 sqm in Poland alone. The developer delivered five warehouse projects, adding 44,000 sqm to the market. It also launched construction on three facilities on a speculative basis and three BTS schemes totaling 70,000 sqm in Poland.

At the end of 2018, the company’s CEE portfolio totaled 4 million sqm, including 1.8 million sqm in Poland, with the occupancy rate of 94.8 percent for CEE and 97.2 percent for Poland.