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Pro Logis leases Yangshan space

[photopress:Yangshan_port.jpg,full,alignright]ProLogis, the world’s largest owner, manager and developer of distribution facilities, has leased 18,600 square meters of industrial space in China to DHL, one of the world’s leading providers of delivery and logistics services.

DHL will occupy a newly developed warehouse at ProLogis Park Lingang, outside Shanghai near the Yangshan deepwater port complex. DHL will use the facility as a primary distribution point for goods leaving and entering China via ocean freight. The first two buildings at the park arenow 100 percent leased.

DHL’s parent company, Deutsche Post World Net, is ProLogis’ largest global customer, with leases in 65 locations in North America, Asia and Europe.

Yangshan, which opened in December 2005, was built on a collection of islands off the Chinese coast and is connected to the mainland by a 20-mile sea bridge. When totally finished, it will be the largest container port in the world, with a total planned capacity of approximately 25 million containers annually.
Source: PR Newswire

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