Items Tagged With warehousing

Macquarie Goodman is pleased to announce the acquisition of Eurinpro International SA (“Eurinpro”). Eurinpro is a leading developer of tailor made logistics property having developed over €850 million of projects across Europe.  It has over 90 staff and over 425,000 sqm of projects currently under development.

ProLogis announced that it has leased almost 1 million square feet of space (91,400 square meters) in Canada and The Netherlands to subsidiaries of the Deutsche Post World Net group.
In Canada, third-party logistics services provider Exel has leased 650,000 square feet (60,400 square meters) from ProLogis for a new distribution center outside Toronto. In The Netherlands, DHL has pre-leased a 333,500-square-foot (31,000-square-meter) facility ProLogis will develop in Tilburg, approximately 50 kilometers southeast of Rotterdam.

The Government is committed to nurturing Hong Kong's logistics industry, with more than 500 hectares of rural land in the New Territories earmarked for warehousing, Secretary for Housing, Planning & Lands Michael Suen says.
In a written reply to lawmakers in LegCo today, Mr Suen noted logistics is one of the pillars of the local economy, which accounts for 5.4% of the Gross Domestic Product and employs 198,400 people.