ABC-Directory - ProLogis Leases 205,000 Square Feet in China to Joint Venture Between Sinotrans Liaoning and Nippon Express


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08 January, 2009

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ProLogis Leases 205,000 Square Feet in China to Joint Venture Between Sinotrans Liaoning and Nippon Express

ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, announced today it has leased approximately 205,000 square feet (19,000 square meters) in Dalian, China to Nittsu Sinotrans Logistics Dalian LTD., a joint venture between Sinotrans Liaoning Company and Nippon Express.

Nittsu Sinotrans will occupy distribution space at ProLogis Park Dalian Free Port, providing third-party logistics and transportation services to Canon Inc., a world leader in professional business and consumer imaging equipment and information systems. Sinotrans and Nippon Express formed the joint venture in 1992, to combine specialties and together expand its customer base....

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