ProLogis has let more than 300,000 sq ft of industrial space at two of its parks in the UK.
Supply chain company Culina Logistics has taken 116,000 sq ft at ProLogis Cabot Park near Bristol, and furniture company Samson Holding – trading as Willis & Gambier UK – has taken 188,000 sq ft at ProLogis Kingston Park near Peterborough.
ProLogis UK managing director Andrew Griffiths said: ‘There is no doubt that demand for industrial logistics facilities in the U.K. slowed in 2008 due to volatility and unease in the financial and consumer markets.
‘However, when consumer confidence returns to the U.K., ProLogis has both the buildings and land positions to rapidly respond to renewed requirements for warehouse space. We will be working hard to ensure this demand is met.’