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Prologis steps up Europe development as e-commerce boosts demand

Published Thu, Oct 16, 2014 · 09:50 PM
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PROLOGIS Inc, the world's biggest industrial-building owner, is increasing construction of warehouses in Europe as growing demand for goods sold online supports more development without tenants or buyers in place.

Prologis, based in San Francisco, is building in countries such as Poland that have growing economies and ageing facilities, Philip Dunne, the company's CEO for Europe, said in an interview on Wednesday. London and the English Midlands are particularly attractive, he said.

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