Warehouse owner ProLogis has signed lease agreements for a total of 43,400sq metres to two customers in the UK.
ProLogis said it had leased 37,000sq metres to Oxford University Press, at its Prologis Park, Kettering, and 6,400sq metres to a catering company at Prologis Park, Heathrow.
Andrew Griffiths, MD of ProLogis UK, said: “While we are still facing a challenging market environment, these new lease agreements indicate further signs of stabilisation and improvement in the UK industrial property market.”
ProLogis said it had leased 37,000sq metres to Oxford University Press, at its Prologis Park, Kettering, and 6,400sq metres to a catering company at Prologis Park, Heathrow.
Andrew Griffiths, MD of ProLogis UK, said: “While we are still facing a challenging market environment, these new lease agreements indicate further signs of stabilisation and improvement in the UK industrial property market.”
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