Sunday 23rd Oct 2016 - Logistics Manager

ProLogis to offer three year leases across whole UK portfolio


ProLogis is offering leases from three years with six monthly break clauses thereafter across the whole of its wholly-owned 5 million sq ft portfolio in the UK, say property sources.

This move comes in response to the logistics industry┬╣s need for flexibility especially under current economic conditions.

In a statement, ProLogis said: “In the current market, we are acutely aware that this is even more imperative and are looking to provide a range of innovative and effective packages that addresses lease lengths, incentives and occupational costs that enables them to operate in this continually demanding climate.”