Among the largest lease contracts are contracts for facilities in France, Spain and the Netherlands. The contract with National Pen Czech was in fourth place in terms of leased space, renting approximately 11.7 thousand. sqm at Prologis Park Pilsen-Stenovice DC2. In the second quarter of 2022, Prologis launched 10 new investments, including eight speculative projects with a total area of approximately 225 sq m. in Belgium, Hungary, Italy, the Netherlands, Poland and the United Kingdom.
At the end of June, Prologis had real estate in Central Europe with a total area of approximately 4.6 million sq m. The occupancy rate in the second quarter of 2022 was 96.3%. In Poland, at the end of June, the company's resources amounted to approximately 2.2 million sq m, and the occupancy rate was 96.8 percent. The new lease agreements covered a total of approx. 42,000 sq m. sq m, and extensions - about 105 thousand. sqm
In Q2 2022, the developer began the construction of two speculative facilities in Central Europe - DC2A at Prologis Park Budapest-Sziget II, with an area of 18.6 thousand square meters. sqm and DC4 in Prologis Park Wrocław III with an area of 48.9 thousand. sqm During this period, Prologis completed the construction of two buildings in the region with a total area of 36.3 thousand square meters. sqm (Prologis Budapest Sziget II DC1A and Prologis Park Brno DC3).
Strong fundamentals and rising costs pushed rents up 4.7%. in the second quarter of 2022, which is the highest quarterly increase in history. We continue to take decisive action to strengthen our presence in urban areas - comments Ben Bannatyne, President of Prologis Europe:
The company continues to adapt its ESG strategy through programs such as in terms of energy efficiency and carbon neutrality. The goal is to achieve zero net emissions by 2040.
