Prologis, the global provider of distribution facilities, announced on Monday that it has leased 423,000 sq ft (40,000 m2) of recently completed distribution space in western Germany to LGI Logistics Group International, a subsidiary of the Willi Betz Group and one of Germany's largest providers of third-party logistics services.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
