Executive Briefings

ProLogis Says Leasing Very Strong at Distribution Parks in Inland China

Leasing activity in the interior of China is moving apace for ProLogis. For instance, at ProLogis Park Jiangning in Nanjing, the capital of China's Jiangsu Province, ProLogis has leased 100 percent of a 234,000-square-foot distribution center to Anji-TNT Logistics, a provider of logistics services for automotive parts. Anji-TNT will operate the space on behalf of Fiat, the Italian automobile maker, serving customers throughout China.

In addition, ProLogis announced that the first phase of construction at ProLogis Park Chongqing is fully leased. The new park is being developed in the city of Chongqing, with a population of 30 million people.

Altogether in China, ProLogis has more than 11.3 million square feet (1.05 million square meters) of industrial space in operation and another 11 million square feet under development.

Visit www.prologis.com

Leasing activity in the interior of China is moving apace for ProLogis. For instance, at ProLogis Park Jiangning in Nanjing, the capital of China's Jiangsu Province, ProLogis has leased 100 percent of a 234,000-square-foot distribution center to Anji-TNT Logistics, a provider of logistics services for automotive parts. Anji-TNT will operate the space on behalf of Fiat, the Italian automobile maker, serving customers throughout China.

In addition, ProLogis announced that the first phase of construction at ProLogis Park Chongqing is fully leased. The new park is being developed in the city of Chongqing, with a population of 30 million people.

Altogether in China, ProLogis has more than 11.3 million square feet (1.05 million square meters) of industrial space in operation and another 11 million square feet under development.

Visit www.prologis.com