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News Release

London 3 April 2012

Jones Lang LaSalle advise Prologis on Germany and Poland logistics portfolio sales

Further to the recently announced logistics porfolio transactions announced by Prologis, Penny Hacking, Director, European Industrial Capital Markets comments on the European industrial and logistics market:
"Despite ongoing economic uncertainty across the Eurozone, there has been increased interest in Industrial and Logistics real estate portfolios. This builds on Q4 2011, which saw EUR 3 billion of transactions take place across Europe, the highest quarterly volume since the final quarter of 2007. The stronger European countries, such as Germany, Poland and the CEE region are attracting lots of interest. Having advised on the successful disposal of the Prologis portfolios in Germany and Poland, we expect there will be increased demand and transaction activity throughout the rest of 2012."
Download the March edition of the Jones Lang LaSalle European Indutrial & Logistics Market Report here