Prologis UK has announced that it has leased a 148,648ft² property at Prologis Park Midpoint in Birmingham to Top Cloud Logistics Ltd.
The Chinese e-commerce retailer has signed a 10-year lease on DC6, a new logistics facility in the North East of the city, joining JLR, DHL and DP World who currently operate from the location.
The facility was designed with sustainability in mind, achieving an EPC A+ rating and BREEAM ‘Excellent’ certification.
Prologis has also installed LED lighting, Fire Alarm & Frost Protection systems, helping Top Cloud get its operations up and running faster.
Recent insights from Prologis Research found that Chinese retailers are responding to increased consumer expectations and delivery demands by establishing direct-to-consumer distribution hubs across Europe.
Prologis UK can also confirm a recent letting at nearby Prologis Park Bromford Gate. A high-tech vertical farming company has taken DC1 (62,537ft²) on a 10-year term.
Director in the capital deployment team at Prologis UK James Hemstock said: “The latest leasing to Top Cloud at DC6 brings the Park to full occupancy and it’s a pleasure to welcome them to the Prologis family.
“Their choice to move to Midpoint underscores the strength of our portfolio and the Midlands’ status as a strategic gateway for growth.”
