Demand for modern industrial space is still considerably high though European manufacturing companies are not taking home their production as quickly as earlier expected. Meanwhile, Asian firms in the automotive industry are increasingly seeking proper warehouses and logistics service providers. Property Forum asked Máté Szoboszlay, Director of Capital Deployment at Prologis Hungary about the change in e-commerce-related demand and the special needs of Asian tenants.

Prologis wants to help customers run their warehouses more efficiently and compete better. Therefore, it is launching Essentials, a new platform that aims to simplify the lives of companies, increase the efficiency of their warehouse operations and ultimately contribute to more functional global supply chains.

Rohlig Suus Logistics has extended its lease agreement for 24,000 sqm at Prologis Park Piotrków. The lease extension was finalized with the support of Hubert Wojtera from the Axi Immo agency

The global developer of industrial properties intends to build more huge logistics space in its Prologis Park Budapest-Sziget II complex. More than 114,000 sqm of new space is in the pipeline in the park that is near the M0 ring road.

As of December 1, Martin Baláž will step up into the position of Senior Vice President, Country Manager Czech Republic, Slovakia & Hungary, reporting to Pawel Sapek, Prologis Senior Vice President and Regional Head for Central Europe.

Prologis has added another 14,000 sqm of warehouse and office buildings to its newest logistics park, Prologis Park Budapest – Sziget II. 

Prologis Europe has significantly scaled up its urban offering across the continent with more than a million square meters of core logistics space. On behalf of its open-ended vehicle PELF, the company has acquired 128 buildings and 6 developments in key urban gateway locations from last-mile operator Crossbay. The agreed price was €1.585 billion.

Arvato Supply Chain Solutions Poland has extended its lease agreement for a ​​40,000 sqm of space in Prologis Park Stryków for three more years. The BTS facility is tailored to help Arvato SCS provide customer services for the fashion industry. Colliers facilitated the transaction.

Prologis is starting construction of a 46,000-sqm speculative distribution facility at Prologis Park Wrocław III. The new building will comprise of warehouse and production space.

The leading logistics developer has made a €21 billion offer for a huge chunk of „last mile” properties, Bloomberg reports. None of the parties made comments on the news but Blackstone said earlier that a capital increase worth €21 billion was on the agenda.