Prologis European Properties announced on Wednesday that it has renewed a 19,435 m[sup]2[/sup] lease agreement at Schiphol, Amsterdam, with DHL Global Forwarding and completed four lease agreements in the Rotterdam area covering almost 42,000 m[sup]2[/sup]. As a result of these transactions, occupancy of the PEPR portfolio in the Netherlands has increased to approximately 95.7% from 90.4% at end December 2008.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
