PROLOGIS TO CAST CNY 300MN INTO BEIJING LOGISTICS
AsiaInfo Services, May, 2006
AsiaInfo Services 05-23-2006 Prologis to Cast CNY 300mn into Beijing Logistics BEIJING, May 23, 2006 (SinoCast via COMTEX) -- Recently, Prologis of the US, the leading provider of distribution and logistic services, signed up for the right of using a 107,835 square meters of land in Prologis Park Beijing Airport, which is located in Shunyi District, Beijing City, and it plans to invest CNY 298 million in construction of four distribution facilities with a total area of 97.547 square meters. As Prologis' consultant, the manager of Industry and Logistics Department of CB Richard Ellis Du Peipei reveals that Prologis is holding discussions with many companies about land use and purchase, including companies in Tongzhou District and Daxing District.
It is reported...
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