ProLogis has pre-leased 10,700 m[sup]2[/sup] of industrial space in Bucharest to Kuehne + Nagel, a provider of third-party logistics services. Kuehne + Nagel will occupy space at ProLogis Park Bucharest A1, a new industrial park ProLogis is developing along Bucharest's A1 motorway. The facility is due to completion in the first half of 2007.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
