DOCSLIB.ORG

Europe's Most Desirable Logistics Locations

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Europe's Most Desirable Logistics Locations CUSTOMER GROWTH STRATEGIES: EUROPE’S MOST DESIRABLE LOGISTICS LOCATIONS The continent’s supply chain continues to evolve, with location as the key factor OCTOBER 2017 The European logistics market is changing rapidly. Supply chains are being restructured, economies are expanding and e-commerce is accelerating. To understand how these changes are affecting the real estate market and location preferences, Prologis Research and eyefortransport (eft) polled logistics operators across Europe to nd out which criteria are most important and which locations are thriving. The survey was conducted from February to May 2017, with 280 respondents across sectors ranging from retail to automoti- ve to electronics. This report follows on from our ndings about location decision drivers, where we identied ve factors that shape new location selection in Europe. These factors, including the country rank of 100 European locations, are: PROXIMITY to major REGULATORY LABOUR TRANSPORTATION Total costs/VALUE consumption centres environment availability infrastructure PROPOSITION 1. Germany 1. Netherlands 1. Poland 1. Netherlands 1. Netherlands 2. Netherlands 2. All Other CEE 2. Netherlands 2. Germany 2. Poland 3. Belgium 3. Poland 3. All Other CEE 3. Belgium 3. All Other CEE 4. United Kingdom 4. Germany 4. Germany 4. France 4. Germany 5. France 5. United Kingdom 5. Belgium 5. Poland 5. Belgium Note: all other Central and Eastern Europe (CEE) includes Czech Republic, Slovakia, Hungary, Romania, Slovenia, Romania, Turkey and Russia Major ndings from our research: 1 Immediate access to major consumption centers is paramount 2 Major population centers with the highest consumption are increasingly important 3 Importance of overall costs was comparatively low Importance of labour, whether by proximity as in Western Europe 4 (like the Netherlands) or by cost as in Poland 1 GUSTAV MAHLERPLEIN 17-21, 1082 MS AMSTERDAM , THE NETHERLANDS | +31 20 655 66 66 | WWW.PROLOGIS.COM OCTOBER 2017 PROLOGIS RESEARCH WHAT DOES THIS MEAN? Investment in infrastructure and labour availa- investors to understand these long-term drivers of bility are key to the success of a logistics demand. While other components (e.g., supply hotspot. Labour availability and proximity to dynamics, cap rate compression, etc.) are impor- economic networks drive location decision-ma- tant to long-term value creation, an understanding king for logistics users. Therefore, to enjoy the of customer dynamics and shifts in logistics wave of logistics growth, policymakers should networks is vital for making the right investment encourage investment in infrastructure and availa- decision. bility of qualied workforce. It is crucial for UNDERSTANDING THEMES DRIVING FAVOURED LOCATION CHOICE. 1. Immediate access to major consumption 3. Importance of overall costs was comparati- centres is paramount. Access to the gateways vely low. Historically, logistics has focused on of global trade, economic networks and workfor- minimizing costs. However, with supply chains ce availability are the most important location increasingly viewed as a competitive asset, value- criteria for logistics operators. The logistics -based judgements are increasingly part of the corridors and metropolitan areas in Benelux and calculus. Many traditionally more expensive coun- Western Germany best exemplify these characte- tries and markets scored well among our survey ristics. Northern Europe has a high consumer participants, including the Netherlands, Germany, density and well-developed transport networks, Belgium, the UK and France. so it is no surprise that these locations achieved 4. Rising importance of labour, either in high scores for proximity and infrastructure. proximity as in Western Europe (like the Dutch markets scored particularly well for regula- Netherlands) or in cost such as in Poland. With tory systems and multimodality. Many individual changing demographics and increased levels of markets are well-positioned, including Venlo, value-added services in logistics facilities, availabili- Amsterdam-Schiphol, the Antwerp-Brussels ty of qualied staff has become a structural as well corridor (E19), Hamburg, Stuttgart, Antwerp-Has- as a cyclical driver in location selection. Markets in selt corridor (E330) and Central and East Brabant. Western Europe like Southern Netherlands and 2. Major population centres with the highest Rhein-Ruhr house large labour pools and score consumption are increasingly important. In relatively high on the labour location driver. The this year’s survey, large metropolitan areas like availability of a exible and qualied workforce is London, Paris, Milan and Berlin moved up in the an aspect of operational efciency that is increasin- overall rankings. Like logistics corridors, metropo- gly important to the logistics sector. Poland scored litan areas perform well because they are close to well in multiple categories and is among the faste- consumers and support an efcient supply chain. st-growing logistics markets in Europe. In fact, Logistics real estate customers are increasingly Central Poland-Lodź was the rst market outside considering supply chain costs in their totality, Western Europe to win a spot in the top ve and they are increasingly favouring proximity to locations. CEE is a relatively young market and only economic networks and customers/suppliers to became part of the European logistics network in deliver goods to consumers as quickly as the early 2000s, when CEE countries joined the possible. EU. Demand in this region is driven by its emerging middle class and nal assembly industry. 2 GUSTAV MAHLERPLEIN 17-21, 1082 MS AMSTERDAM , THE NETHERLANDS | +31 20 655 66 66 | WWW.PROLOGIS.COM OCTOBER 2017 PROLOGIS RESEARCH EXHIBIT: Europe’s Most Desirable Locations by Market United Kingdom ted these markets across their accessibility to The UK logistics market is distinct from continen- major consumption centers (e.g., Venlo vs. Rotter- tal Europe. Top markets include London and the dam), infrastructure and the support their munici- Midlands. Naturally, London scored well among palities provide to the logistics industry. survey respondents due to the size of its consu- mer base. The Midlands scored well for its Germany proximity to consumers (East better than West), As an economic engine of Europe, Germany but also infrastructure and the support that muni- consistently ranked as a top logistics hotspot. The cipalities provide to the logistics industry. populace and logistics market is spread across many markets. Top markets (in order) include Netherlands Düsseldorf Rhein-Ruhr, Central Germany, As one of the crossroads of trade within and into Frankfurt, Cologne Bonn and Hamburg. Clearly, Europe, the Netherlands ranked consistently as a proximity to trade from Northern European ports top destination. Top markets (in order) include and distribution onward to locations elsewhere in Venlo, Rotterdam, Amsterdam-Schiphol and Germany were a differentiator, as was the presen- Central Brabant. Survey respondents differentia- ce of a large consumer base. 3 GUSTAV MAHLERPLEIN 17-21, 1082 MS AMSTERDAM , THE NETHERLANDS | +31 20 655 66 66 | WWW.PROLOGIS.COM OCTOBER 2017 PROLOGIS RESEARCH Poland rent location factors). Among Italy’s many markets, This logistics market has grown notably since the Milan was naturally the top-ranked following from opening of its national borders. The growth in its economic scale and existing infrastructure. industrial activity coupled with the expanding Preference for Milan increased the most among consumer class mean that logistics is driven by large markets relative to our last survey in 2015. both ends of the supply chain. Ranked as a top-3 Among smaller markets, Bologna stood out ahead country across multiple metrics, Poland scored of all others, benetting from its central location, well, as it offers a strong value proposition, multimodality and ability to reach much of the proximity to Western Europe and extensive trans- Italian population. portation infrastructure. Top markets include Central Poland-Lodź (top 5 location), Krakow, Spain Wroclaw and West Poland—each representing Much like Italy, as a large and established econo- different mixes of these features. my, but one with lower links to global economic activity, trade and links to other major population All other CEE centers, Spain also did not reach a top-5 ranking in Institutional logistics real estate in these markets any key location criteria category and scored also was built post-2000—a young market compared consistently across the different factors. Madrid to Western Europe. The region offers a pro-gro- clearly was the favoured location, as a major popu- wth business environment and low costs, attrac- lation centre with a supportive market environ- ting logistics businesses, especially those with a ment and infrastructure. higher labour component such as light manufac- turing or more labour-intensive distribution. Top France markets include Bucharest and Prague. The country’s ranking was mixed, lifted by the size of its large economy and the quality of the road Italy infrastructure, but limited by the labour environ- Domestic consumption is the primary driver for ment and, in general, the cost/value dynamic. Italy’s sizeable economy, which has limited links Among France’s many markets, Paris was natural- to external economies in comparison to Western ly the top-ranked market given the size of the Germany and Benelux. As such, it did not have a market, the size of the logistics industry and labour top-5
Load more

Recommended publications
  • Prologis 2005 Summary Annual Report
    ® sustainability 2005 Summary Annual Report The long-term growth plan ProLogis set in motion a year ago is well underway. Our 2005 results were excellent, and we’re confident in our ability to continue to execute our plan for sustained, profitable growth well into the future. But sustaining our performance and building a company that excels long term transcends traditional financial growth. Our commitment includes creating an environment in which our people can recognize their full potential and build mutually beneficial relationships with our customers. And as a leader in our industry, we are committed to implementing innovative solutions for sustainable development while making a difference in our communities and our world. These are the keys to true sustainability. Mission Operating in: To be the leading global provider of distribution North America United States, Mexico, facilities and services to the world’s largest users Canada of distribution space, thereby creating value for our customers and shareholders. Europe Belgium, Czech Republic, France, Germany, Hungary, Profile Italy, The Netherlands, ProLogis is one of the world’s largest providers of Poland, Spain, Sweden, industrial distribution facilities, with operations in United Kingdom 77 markets across North America, Europe and Asia. Asia We have over 375 million square feet of industrial Japan, China, South Korea space in 2,340 buildings, representing over $22 billion of assets owned, managed and under development. These strategically located, state-of-the-art facilities help
    [Show full text]
  • Investor Fact Sheet PLD $86.7B 3.3%
    Fourth Quarter 2018 Investor Fact Sheet Prologis Park Narashino, Japan World’s Leading Logistics Real Estate Company PLD $86.7 B NYSE Assets Under Management Prologis is the leading global provider of logistics real estate, offering customers approximately 768 million square feet of distribution space (71 million square meters) in markets across the Americas, Europe and Asia. The company leases more than 3,500 industrial facilities in 19 3.3% 1 countries to more than 5,100 customers, including third-party logistics TTM Dividend Yield providers, transportation companies, retailers, and manufacturers. World-Class Platform MARKET ALLOCATION2 Other Americas • The undisputed leader in the industrial sector 6.0% • The best customer brand in the real estate industry • The only truly global real estate company active on four continents Europe 22.7% • World’s leading logistics real estate strategic capital franchise U.S. 59.8% 1 Asia Prologis At-a-Glance 11.5% • 97.5% occupancy in its owned and managed operating portfolio • Leased 34.9 million square feet (3.2 million square meters) in the operating and development portfolios during 4Q 2018 • Commenced $930 million of development across three continents in Q4 and generated $185 million of value creation (Prologis share) on stabilizations 1. As of December 31, 2018 (PLD closed at $58.72) 2. Market allocation based on owned and managed operating portfolio gross book • The company recast and upsized its global line of credit in January value as of December 31, 2018. On a Prologis share basis, ownership was 76.5% 2019, bringing its total liquidity to ~$4.0 billion US, 6.5% Other Americas, 13.2% Europe, 3.8% Asia.
    [Show full text]
  • View Annual Report
    PROLOGIS 2011 ANNUAL REPORT AN EXTRAORDINARY YEAR OF TRANSFORMATION $43.3B IN ASSETS UNDER MANAGEMENT ACROSS THE AMERICAS, EUROPE AND ASIA HOME SHAREHOLDERS LETTER LEADERSHIP YEAR IN REVIEW FINANCIAL HIGHLIGHTS FORM 10-K PROLOGIS 2011 ANNUAL REPORT SERVING LEADERS IN LOGISTICS PROVIDING MORE THAN 4,500 CUSTOMERS WITH LOGISTICS INFRASTRUCTURE HOME SHAREHOLDERS LETTER LEADERSHIP YEAR IN REVIEW FINANCIAL HIGHLIGHTS FORM 10-K PROLOGIS 2011 ANNUAL REPORT UNPARALLELED SCALE 600M SF (55.7 MSM) OF MODERN DISTRIBUTION FACILITIES IN 22 COUNTRIES HOME SHAREHOLDERS LETTER LEADERSHIP YEAR IN REVIEW FINANCIAL HIGHLIGHTS FORM 10-K PROLOGIS 2011 ANNUAL REPORT THE RIGHT PEOPLE IN THE RIGHT PLACES 1,300 REAL ESTATE PROFESSIONALS– THE MOST TALENTED REAL ESTATE ORGANIZATION IN THE INDUSTRY HOME SHAREHOLDERS LETTER LEADERSHIP YEAR IN REVIEW FINANCIAL HIGHLIGHTS FORM 10-K PROLOGIS 2011 ANNUAL REPORT ALIGNING OUR PORTFOLIO WITH OUR INVESTMENT STRATEGY $1.65B IN CONTRIBUTIONS AND DISPOSITIONS IN THE SECOND HALF OF 2011 HOME SHAREHOLDERS LETTER LEADERSHIP YEAR IN REVIEW FINANCIAL HIGHLIGHTS FORM 10-K PROLOGIS 2011 ANNUAL REPORT EXCEEDING EXPECTATIONS AND DELIVERING RESULTS OCCUPANCY IN OUR GLOBAL PORTFOLIO INCREASED 120 BASIS POINTS TO 92.2% FROM THE THIRD QUARTER HOME SHAREHOLDERS LETTER LEADERSHIP YEAR IN REVIEW FINANCIAL HIGHLIGHTS FORM 10-K PROLOGIS 2011 ANNUAL REPORT LETTER TO OUR SHAREHOLDERS Dear Shareholders, The past year was one of transformation for our company. In June 2011, we closed the merger between the former ProLogis and AMB, bringing together the people and assets of the two leading companies in the industrial property sector and forming what is arguably one of the world’s pre-eminent real estate firms.
    [Show full text]
  • Prologis Media Fact Sheet
    PROLOGIS MEDIA FACT SHEET EUROPE U.S. 183 MSF 377 MSF 17% of NOI 70% NOI ASIA 66 MSF 4% of NOI*A OTHER AMERICAS 58 MSF 9% of NOI About Prologis TM Local Partner to Global Trade Global at a Glance (as of 12/31/2017) Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2017, the company • $78.7 billion in total assets under owned or had investments in, on a wholly owned basis or through co- management investment ventures, properties and development projects across 684 million square feet (63.6 million square meters) in 19 countries. Prologis • 684 million square feet (63.6 leases modern logistics facilities to a diverse base of approximately 5,000 million square meters) owned, managed or under development customers. These facilites assist the efficient distribution of goods for the world's best businesses and brands. • 3,282 industrial properties across the Americas, Europe and Asia • Properties in 19 countries around Operations Strategic Capital Development UNIQUE BUSINESS MODEL the world Real Estate Operations Strategic Capital Capital Deployment • 5,000 customers across a diverse range of industries • ~1,600 employees serving customers and investors • A member of the S&P 500 • Named among the “Global 100 Most Sustainable Corporations in the World” nine years running * This is a non-GAAP financial measure. Please see notes and definitions for further explanation. A NOI calculations based on Prologis share of the operating portfolio. Pier 1, Bay 1, San Francisco, CA 94111 United States | +1 415 394 9000 | www.prologis.com | NYSE: PLD PROLOGIS MEDIA FACT SHEET Our Leadership TOP 20 CUSTOMERS (as of 12/31/2017) Hamid R.
    [Show full text]
  • 2020 Third Quarter Real Estate Performance Report
    13. Presentation by StepStone Group – 2020 Third Quarter Real Estate Performance Report 13 Quarterly Real Estate Monitoring Report For the period ended September 30, 2020 Report prepared for: WATER AND POWER EMPLOYEES' RETIREMENT PLAN IMPORTANT INFORMATION This document is meant only to provide a broad overview for discussion purposes. All information provided here is subject to change. This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services by StepStone Group LP, StepStone Group Real Assets LP, StepStone Group Real Estate LP, StepStone Conversus LLC, Swiss Capital Alternative Investments AG and Swiss Capital Invest Holding (Dublin) Ltd. or their subsidiaries or affiliates (collectively, “StepStone”) in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this document should not be construed as financial or investment advice on any subject matter. StepStone expressly disclaims all liability in respect to actions taken based on any or all of the information in this document. This document is confidential and solely for the use of StepStone and the existing and potential clients of StepStone to whom it has been delivered, where permitted. By accepting delivery of this presentation, each recipient undertakes not to reproduce or distribute this presentation in whole or in part, nor to disclose any of its contents (except to its professional advisors), without the prior written consent of StepStone. While some information used in the presentation has been obtained from various published and unpublished sources considered to be reliable, StepStone does not guarantee its accuracy or completeness and accepts no liability for any direct or consequential losses arising from its use.
    [Show full text]
  • Prologis 2018 Annual Report
    Annual Report 2018 Shareholders Letter Leadership Financial Highlights Headline Subhead Body Prologis Georgetown Crossroads, Seattle, Washington Prologis is Building for the Future Our objective has always been to be closest to the consumption side of the logistics supply chain. In 2018, we completed Prologis Georgetown Crossroads in Seattle—the first multistory logistics facility in the United States and an excellent example of our commitment to customer-centric innovation. We also completed a conversion of an existing multistory building in the Bronx. Forward- looking projects like these demonstrate our commitment to doing everything we can for our customers—even in constrained urban locations. 1 Annual Report 2018 Shareholders Letter Leadership Financial Highlights Prologis Labs team, Alan Findley, Tim Manochehri II, Gary Bruns and Greg Everson, San Leandro, California (not pictured, Robert Heekelaar) Customer-Centric Innovation and Technology Our scale enables us to invest in technology as we continue to seek solutions to help our customers run their businesses as efficiently as possible. Prologis Labs is a dedicated space for testing new products and services designed to ease our customers’ pain points. This recent investment in customer-centric innovation allows us to cycle quickly through ideas, invest in the winners and then scale those solutions across our global portfolio. Prologis Labs is currently focusing on: — Digital supply chain/digital warehouse — Attributes of the next-generation distribution center — Transportation — Urban fulfillment 2 Annual Report 2018 Shareholders Letter Leadership Financial Highlights Solar installation at Prologis International Park of Commerce, Tracy, California Sustainability is in Our DNA Environmental stewardship, social responsibility and governance have been key tenets of Prologis’ business practices for decades.
    [Show full text]
  • Unilever Investing Plan Cautious Growth Fund
    KTUC_2021_06.pdf FIDELITY LIFE FUNDS 30 JUNE 2021 UNILEVER INVESTING PLAN CAUTIOUS GROWTH FUND Fund objective Fund facts An appropriately diversified investment vehicle with an investment objective which aims to achieve Benchmark a return over the long term (5-years or more) that exceeds the return on the cash fund (albeit with a 27% MSCI World Index (Net) ; 12.5% 1 Month LIBOR + 3% ; 12.5% Bloomberg higher prospect that a negative absolute return could be experienced over the same period than Barclays Multiverse Corporate Index (Total Return Gross) Hedged to GBP the cash fund). This fund invests or reinsures into underlying funds managed by Fidelity or our Fund (JPFC) ; 12.5% FTSE Actuaries UK Conventional Gilts Over 15 Years Midday (Blackrock) ; 12.5% FTSE Actuaries UK Index Linked Gilts Over 5 Years Index Partners. Midday (Blackrock) ; 12.5% GBP 1W LIBID ; 7.5% BlackRock Global Property Securities Index ; 3% MSCI Global Emerging Markets Index (Blackrock) Fund size £15m Launch date Performance as at 30.06.2021 31.12.07 Past performance is not a reliable indicator of future results. Base currency GBP Yearly performance Annual management charge 1 July 2016 1 July 2017 1 July 2018 1 July 2019 1 July 2020 0.275%** to to to to to 30 June 2017 30 June 2018 30 June 2019 30 June 2020 30 June 2021 Other charges 0.084% Fund 10.3% 3.7% 6.0% 4.4% 9.9% Benchmark 9.1% 4.1% 6.6% 5.8% 7.4% Total Expense Ratio 0.359% **The charge shown represents a weighted average of AMCs of the underlying funds and Annualised performance any additional charge for the management of this plan specific fund.
    [Show full text]
  • Facilities Permit Program 10/2/2020 Client and Building List Page 1 of 99
    Facilities Permit Program 10/2/2020 Client and Building List Page 1 of 99 111 SW 5th Ave Investors LLC 19-134770-000-00-FC YORDANOS LONG UNICO PROPERTIES Building/Mechanical Inspector: Jeffrey Rago 4364025 Work: (503) 275-7461 Electrical Inspector: David Scranton [email protected] Plumbing Inspector: Chuck Luttmann M Fire Marshal: Mark Cole Building Address Folder Master US Bancorp Plaza:Unico Prop 555 SW OAK ST 19-134803-FC 19-134804-FA US Bancorp Prkng Struct:Unico Prop 129 SW 4TH AVE 20-101725-FC 20-101726-FA US Bancorp Tower:Unico Prop 111 SW 5TH AVE 19-134793-FC 19-134794-FA 200 Market Assoc. 99-125363-000-00-FC LAURA HUNDTOFT CUSHMAN & WAKEFIELD Building/Mechanical Inspector: Jeffrey Rago 2001906 Work: (503) 228-8666 Electrical Inspector: David Scranton Home: (503) 227-2549 Plumbing Inspector: Chuck Luttmann [email protected] Fire Marshal: Mark Cole Building Address Folder Master 200 MarketBldg:200 Market 200 SW MARKET ST 99-125649-FC 04-055199-FA Dielschneider:200 MARKET 71 SW OAK ST 09-124819-FC 09-124820-FA Fechheimer:200 MARKET 233 SW NAITO PKY 09-124830-FC 09-124831-FA FreimannKitchen:200 MARKET 79 SW OAK ST 09-124810-FC 09-124811-FA FreimannRestaurant:200 MARKET 240 SW 1ST AVE 09-124805-FC 09-124806-FA Hallock & McMillan:200 MARKET 237 SW NAITO PKWY 10-198884-FC 10-198885-FA Generated 10/02/2020 11:46 AM by CREPORTS_SVC from DSPPROD City of Portland, BDS - Report Code: 1109007 Facilities Permit Program 10/2/2020 Client and Building List Page 2 of 99 2020 Portland LLC c/o SKB 19-107059-000-00-FC Christina
    [Show full text]
  • Prologis Park NEI Grant Line Road and Chrisman Road | Tracy, CA
    Prologis Park NEI Grant Line Road and Chrisman Road | Tracy, CA ±100,000 up to ±1,500,000 Square Feet Available Breaking Ground Fall 2020 www.prologis.com www.cbre.us Master Site Plan - Buildings A, B and C Tracy, California About Prologis Park NEI • 86 acre Master-Planned Industrial Park • Premier Central Valley location, ideally located in East Tracy providing service to the Bay Area, Northern California, and the Western United States • Three building plan shown, but able to deliver state-of-the-art warehouse and manufacturing facilities ranging from 100,000 SF up to 1,500,000 SF • Flexible site, capable of meeting the needs of today’s users • Corporate neighbors include: Amazon, Clutter, Crate & Barrel, DHL, Home Depot, International Paper, Katerra, Kellogs, Pepsi • Direct Access to I-205, I-5, I-580, Hwy 120 & Hwy 99 • Close proximity to BNSF & Union Pacific Class 1 Intermodals • Great proximity to Oakland, San Francisco, San Jose, and Sacramento international airports www.prologis.com www.cbre.us Building A Tracy, California Property Description • 665,000 SF, divisible • State-of-the-art Warehouse/Manufacturing facility • 36’ minimum clear height • ESFR fire suppression system • Office space to suit • 2% skylights • 56’ x 60’ typical column spacing • 70’ speed bay • 6.5” reinforced concrete floors • 4,000 Amps, 277/480v, 3-phase, expandable Loading • Cross-dock design • Four (4) 12’ x 14’ grade level doors • 185’ Truck court with 60’ concrete truck aprons • One Hundred Thirty-Five (135) 9’x10’ dock high positions Parking • 189 trailer
    [Show full text]
  • An Integrated Approach to Sustainability an INTEGRATED ENVIRONMENTAL SOCIAL ETHICS and GRI APPROACH STEWARDSHIP RESPONSIBILITY GOVERNANCE MATERIALS
    2016 Sustainability Report An Integrated Approach to Sustainability AN INTEGRATED ENVIRONMENTAL SOCIAL ETHICS AND GRI APPROACH STEWARDSHIP RESPONSIBILITY GOVERNANCE MATERIALS Table of Contents Prologis Overview 3 A Message from our CEO 4 The Year in Review from our Head of Sustainability 6 An Integrated Approach 7 Three Complementary Lines of Business 8 Drive Enduring Value Creating Sustainable Value for our Stakeholders 9 Materiality and Stakeholder Engagement 10 Stakeholder Priorities and Engagement 11 Awards and Recognition 12 Environmental Stewardship 13 Environmental Goals and Objectives 14 High-Quality, Resilient Design 15 Innovations in Energy 16 Energy Efficiency 17 Water and Waste 18 Operations and Supply Chain 19 Corporate Carbon Footprint Reporting 20 Social Responsibility 21 People at Prologis 22 Employee Volunteerism and Giving 23 Employee Benefits and Well-Being 24 Ethics and Governance 26 Acting with Integrity 27 GRI Materials 29 Memberships and Associations 30 External Assurance Statement 31 GRI Standards Content Index 32 Data Snapshot 36 Engage With Us 39 All data in this report is as of 12/31/2016. Cover photo: Prologis team members, Denver, Colorado. Table of contents: LED light installation 2 AN INTEGRATED ENVIRONMENTAL SOCIAL ETHICS AND GRI APPROACH STEWARDSHIP RESPONSIBILITY GOVERNANCE MATERIALS About Prologis Prologis is the global leader in logistics real estate. We own, manage and develop high-quality properties in the world’s most vibrant centers of commerce. Our 3,322 buildings in 20 countries serve 5,200+ of the world’s best brands and businesses. Customers turn to us because they know an efficient supply chain will make their operations run better and more sustainably, and that a strategic relationship with Prologis will create competitive advantage.
    [Show full text]
  • Q3 2020 Market Reports
    LEE-ASSOCIATES.COM/RESEARCH Q3 2020 MARKET REPORTS FEATURED MARKET REPORTS THE LEE ADVANTAGE Every Lee & Associates office delivers world-class service to an array of regional, national, and international clients - from small businesses and local investors to major corporate users and institutional investors. Our professionals combine the latest technology, resources, and market intelligence with their experience, expertise, and commitment to superior service to optimize client results. WHAT SETS US APART? Since 1979, Lee & Associates has reimagined the way that commercial real estate companies should be structured. Each Lee & Associates office is owned and operated by its professionals. As shareholders of the company, this separates us from our competition and creates one common goal; to provide seamless, consistent execution and value- driven market-to-market services to our clients. SERVICES TO MEET THE NEEDS OF OUR CLIENTS Lee & Associates’ offices offer a broad array of real estate services tailored to meet the needs of the company’s clients in each of the markets it operates, including commercial real estate brokerage, integrated services, and construction services. With specialty practice groups in each of these disciplines, our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. LOCAL EXPERTISE INTERNATIONAL REACH With offices in 60+ markets across North America and a strategic international alliance with Gerald Eve, Lee & Associates has the ability to deliver first-class services to our clients both locally and internationally. Q3 2020 INDUSTRIAL OVERVIEW PANDEMIC SPARKS Q3 E-COMMERCE DEMAND FEATURED REPORTS A sharp increase in online shopping that was brought on by the pandemic has heightened third- • AZ, Phoenix quarter demand for industrial space.
    [Show full text]
  • About Prologis
    MEDIA FACT SHEET I Third Quarter 2018 About Prologis U.S. EUROPE ASIA 457 182 72 MSF MSF MSF 77% 13% 3% NOI NOI NOI OTHER AMERICAS 60 MSF 7% NOI Ahead of what’s next GLOBAL AT A GLANCE Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high- MSF MSQM growth markets. As of Sept. 30, 2018, the company owned or had investments in, on 771 / 71 owned, managed or under development a wholly owned basis or through co-investment ventures, properties and development projects across 771 million square feet (71 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers. These $92 B 3,742 facilites assist the efficient distribution of goods for the world’s best businesses and brands. in total assets under industrial properties management across the Americas, Europe and Asia UNIQUE BUSINESS MODEL (%) 5,500 ~1,600 customers across colleagues serving Real Estate Strategic Capital a diverse range customers and Operations Capital Deployment of industries investors 77 74 S&P 500 Global 100 member “Most Sustainable 51 Corporations in the World” 49 9 years running 23 26 U.S. Outside U.S. U.S. Outside U.S. U.S. Outside U.S. Q3 2018 Supplemental Financial Report TOP 20 CUSTOMERS SELECT AWARDS AND RECOGNITION Comprise 19.4% of Net Effective Rent (%) • Included in 2018 Dow Jones Sustainability North America (Prologis), Asia Pacific (Nippon Prologis REIT) Amazon.com 3.3 and MILA Pacific Alliance (FIBRA Prologis) Indices DHL 1.4 • 8 GRESB Green Stars:
    [Show full text]