Prologis Ramps Up Europe Development on E-Commerce Boost

Prologis Inc., the world’s biggest industrial-building owner, is increasing construction of warehouses in Europe as growing demand for goods sold online supports more development without tenants or buyers in place.

Prologis, based in San Francisco, is building in countries such as Poland that have growing economies and aging facilities, Philip Dunne, president of Prologis Europe, said in an interview. London and the English Midlands are particularly attractive, he said.