Global logistics firm Prologis said on Friday it plans to develop a new 2.1 million sq ft (186,000 m2) rail-served distribution park in southeast London. Park Howbury will be developed on a 158-acre site and will consist of an intermodal facility and four large-scale industrial warehouses.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
