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Stock Market & Financial Investment News

News Breaks
April 30, 2014
09:07 EDTPLDPrologis to develop 316,000 square feet in United Kingdom
Prologis announced it will develop a 316,000 square foot distribution facility at DP World London Gateway in the United Kingdom. The facility will be constructed at London Gateway, a multimodal logistics park and deep-water port located 20 miles from central London. Prologis is developing London Gateway's first logistics facility in a joint venture with DP World. Prologis owns and manages approximately 19.6M square feet of logistics and distribution space in the U.K. as of March 31.
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August 18, 2014
09:02 EDTPLDPrologis leases 225,000 square feet to Jaguar Rover in UK development
Prologis announced a new lease agreement for 225,000 square feet at Prologis Park Ryton in the United Kingdom, with Jaguar Land Rover. The facility, which is part of Jaguar Land Rover's recently launched special operations division, will be the company's global hub for the creation of its high-performance, luxury bespoke vehicles. The new facility, completed this May, is proximate to Jaguar Land Rover's headquarters, and is well-located at the heart of the motorway network, within easy reach of the M6, M69 and M40/M5. Prologis owns and manages approximately 20 million square feet of logistics and distribution space in the U.K. as of June 30, 2014.

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