Prologis is also planning to deliver a fifth building, totaling 16,200 square metres, at Prologis Park Wrocław III as part of its Small Business Units (SBU) project, meeting customer demand for smaller warehouse modules and larger office space.
The level of occupancy in Prologis CEE portfolio was 91 percent at the end of the second quarter. Between January and June 2013, Prologis signed leasing agreements totaling 498,000 square metres – 177,000 of which were new leases, 220,000 square metres of renewals and the remaining on short-term agreements.
A majority of total leasing activity during the first half of the year took place in Poland. The strongest performing CEE markets with close to zero vacancy at the end of the second quarter include Wrocław, Poznań, Prague and Bratislava. (source: ProLogis)