Prologis Europe is pleased to share this recap of its first quarter 2023 activity. This summary includes operating performance highlights and insights into select milestones and achievements.
Quote from Ben Bannatyne
President, Prologis Europe:
“Demand for high quality, tailored and sustainable logistics space continues to be strong with an occupancy of 98.6% and rent change of 26.5% in the past quarter across the 12 European markets we operate in. Given the macroenvironment, we continue to operate our business with a degree of caution. Our very strong balance sheet continues to provide flexibility to capitalise as opportunities arise, strengthening our built-for-the-future approach to stay ahead of our customers’ needs.”
