ProLogis builds air logistics facility in Shanghai

ProLogis has started construction of a new logistics facility in Shanghai's Hongqiao district near the planned integrated ground transportation hub complex, Xinhua reported.

Prologis and a local Shanghai company jointly invested US$50 million in the facility, which is planned to cover an area of 23,760 square metres. The facility is expected to become one of Shanghai's airfreight logistics and urban distribution hubs.