Prologis leases almost 94,000 sqm in the Warsaw region – EuropaProperty

Prologis has signed six lease agreements totalling almost 94,000 sqm in the Warsaw region.

The transactions, which comprise a mix of lease extensions, lease renewals and new leases, were signed in April and include: 35,000 sqm at Prologis Park Sochaczew, a lease extension with Procter & Gamble, one of the largest global fast-moving consumer goods (FMCG) companies; 34,000 sqm at Prologis Park Teresin, a lease extension with Viva, one of the world’s largest manufacturers of plastic packaging; 11,600 sqm at Prologis Park Nadarzyn, a renewal for 10,000 sqm and expansion for a further 600 sqm with VTS, a leading manufacturer of ventilation and air conditioning units; 5,222 sqm at Prologis Park Blonie, a lease extension with PPG Deco Polska, a leading producer in the Polish market of paints for walls and other surfaces; 5,000 sqm at Prologis Park Sochaczew, additional space for one of the world’s leading providers of courier and logistics services; 3,500 sqm at Prologis Park Warsaw II to Pilot Unlimited and Helix, international distributors of food and chemical products of well-known brands.

“Warsaw is a very competitive market, but in April we managed to lease on average 3,100 square metres a day in the region,” said Michal Czarnecki, Vice President and Head of Leasing for Prologis in Poland. “This is testament to the quality of our facilities, which helps us retain existing customers as well as attract new ones.”