ProLogis announced that during the 4th quarter it has signed agreements to develop and lease over 1.1 million square feet (102,000 square meters) of industrial space in Poland. According to Michael de Jong-Douglas, managing director for ProLogis in central and Eastern Europe, Poland "has emerged as a truly dynamic location for manufacturing and distribution and is one of the fastest growing markets for ProLogis in Europe. With a large population, strong economy and low cost of labor, Poland has proven to be an important component of customers' local and regional logistics operations." Some of the agreements are: · Vobis – 185,000 square foot (17,200 square meter) warehouse in ProLogis Park Piotrkow II in central Poland · Fiege – 157,000 square foot (14,600 square meter) warehouse in ProLogis Park Dabrowa in southwest Poland. · DHL – 74,000 square foot (6,900 square meter) warehouse in ProLogis Park Poznan II in western Poland. · Rhenus Fastrack - 52,000 square foot (4,800 square meter) warehouse in ProLogis Park Wroclaw in southern Poland. |