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Prologis has expanded its portfolio of urban logistics real estate

Prologis has significantly expanded its portfolio of urban logistics real estate in Europe by more than one million square meters. Through its PELF fund, it acquired 128 buildings and 6 development projects in key city locations from last-mile operator Crossbay.

VGP's strong operating performance led to a net profit of EUR 153.1 million

VGP NV, a European provider of high-end logistics and semi-industrial real estate, has announced results for the first half of the year ended June 30, 2022. A strong operating performance led to a net profit of €153.1 million. In addition, EUR 35.4 million in signed and renewed leases was achieved for the first half of 2022, resulting in a total year-on-year rental income of EUR 281.1 million (+9.7% year-to-date) .

dm drugstore will move to a new building in Prologis Park Bratislava

The company dm drogerie markt has signed a long-term lease agreement for warehouses with an area of 30,000 square meters with offices covering an area of 3,000 square meters. "The construction meets the specific needs of the company, which are mainly related to the temperature optimization of warehouses. Tailor-made technological elements include warehouse cooling or the installation of inflatable collars to prevent heat leakage around loading ramps, "said Peter Hyža, project manager at Prologis.

Strong progress toward sustainability goals – VGP publishes corporate responsibility report for 2021

VGP NV (‘VGP’ or ‘the Group’), a European provider of high-quality logistics and semi-industrial real estate, has published its Corporate Responsibility Report 2021. The report details VGP’s achievements and progress against its previously set targets and underscores the company’s commitment to strengthening sustainability efforts across its day-to-day business. VGP’s key objective is to align its portfolios’ performance with the goals of the Paris Agreement and is working with clients to help them realize their decarbonization strategies — efforts that are intended to drive near-term actions that will help set the world on a path to achieving net-zero carbon emissions by 2050.

Strong progress toward sustainability goals – VGP publishes corporate responsibility report for 2021

VGP NV (‘VGP’ or ‘the Group’), a European provider of high-quality logistics and semi-industrial real estate, has published its Corporate Responsibility Report 2021. The report details VGP’s achievements and progress against its previously set targets and underscores the company’s commitment to strengthening sustainability efforts across its day-to-day business. VGP’s key objective is to align its portfolios’ performance with the goals of the Paris Agreement and is working with clients to help them realize their decarbonization strategies — efforts that are intended to drive near-term actions that will help set the world on a path to achieving net-zero carbon emissions by 2050.

Prologis sold its logistics park in Žiar nad Hronom

Prologis, a global leader in logistics real estate, has sold an unoccupied logistics park in Žiar nad Hronom to Tatra Asset Management. The transaction was mediated by CBRE.

CTP builds more halls in Prešov, announcing the arrival of new tenants to the site

After the recently announced construction in Trnava, where CTP plans to close the 32-hectare CTPark II near Stellantis, one of the largest industrial real estate managers in Europe is coming up with another investment in its portfolio in eastern Slovakia. In CTPark Prešov South, it will build two halls with an area of 60,000 m2. Their construction will take place in two phases.

Prologis: Supply chains are facing a permanent transformation

Prologis Research, Prologis' research department, expects that the current market instability will require a change in the way stocks are stored. Until the pandemic, global supply chains relied on a "just-in-time" model, for which the smooth flow of goods is key. However, the pandemic and other factors (such as climate change, geopolitics and labor market tensions) have disrupted this smooth flow and caused commodity shortages, instability and higher costs.

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