February 2008
AMSTERDAM, Netherlands,- ProLogis, the world's largest owner, manager and developer of distribution facilities, announced that it has signed new lease agreements for more than 858,000 square feet (79,700 square meters) of distribution space in Europe with DHL Exel Supply Chain, a leading global provider of third-party logistics services and subsidiary of the Deutsche Post World Net group.
"DHL is ProLogis' largest global customer, and we are pleased to be further expanding our relationship with the company in Europe," said Gary E. Anderson, president for ProLogis in Europe.
"At the end of 2007, ProLogis had agreements in place for more than 7.8 million square feet (725,000 square meters) of space with DHL in 10 European countries. We believe today's announcement is a strong indication of the depth of our customer relationships and unmatched ability to serve their unique supply chain requirements."
"Our new facilities with ProLogis are an important extension of our strategic distribution strategy in Europe," said Leigh Pomlett, CEO Mainland Europe, DHL Exel Supply Chain.
"We look forward to occupying the space, which will provide the flexibility required to serve our customers' evolving distribution needs as well as support the continued growth of our business."
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