ProLogis Roaming Into Southern Italy

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ROME-The world’s largest owner of distribution facilities already controls 6.2 million sf of industrial space in Italy, and ProLogis will soon have additional space to boot, unveiling plans for a 323,000-sf warehouse about to break ground in the country’s southern tier. Slated to begin construction this quarter, the development is the first for ProLogis in Greater Rome, and will be available to logistics providers, manufacturers and retailers possessing large-scale distribution needs.

“We are very pleased to be expanding into the Rome market,” says ProLogis managing director Ranald Hahn, responsible for southern Europe. “Recent public improvements in the region’s rail, highway and port infrastructure have prompted a significant increase in demand for modern distribution space, largely from consumer-oriented logistics companies. We think the time is right to expand our platform through this new project, which will allow ProLogis to serve the needs of both local and pan-European customers.”