MILAN – 1 February 2017 – Prologis, Inc., the global leader in logistics real estate, today announced its full-year 2016 activity in Italy.
Prologis Italy ended the fourth quarter with record occupancy of 98.2 percent, an increase of 5.3 percent over 2015.
The company also acquired a 17.5-acre plot of land at Inteporto Bologna, where the company is the largest owner-operator of logistics real estate, with 13 buildings.
In the fourth quarter, Prologis began construction of a 13,700 square meter build-to-suit Class-A logistics facility for DB Schenker Italia at Interporto Bologna. The building is scheduled for completion in the third quarter of 2017.