Prologis records 615,000 sqm in leasing in Q2

Prologis Park Budapest/Sziget

Prologis announced that its European operations produced 615,000 sqm in leasing activity, including a 17,500 sqm new lease in Prologis Park Pilsen-Stenovice to an existing 18,000 sqm client, a 20,400 square meter build-to-suit expansion at Prologis Park Hunxe in Germany, and a 20,500 sqmlease extension with UTi Hungary Logistics LLC at Prologis Park Budapest/Sziget.

Worldwide, the company leased 3.3 million sqm of space and beat expectations by finishing June with a 92.4% occupancy rate (details here). Same-store net operating income rose 0.4% over the same period in 2011.

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