The investment will fund the development of approximately 750,000 square metres of new logistics space in key French markets, including Marseille, Lyon, Paris and Le Havre, with a completion target set for 2028. These projects are expected to generate more than 5,600 direct and indirect jobs.
Prologis will also develop four new data centres in the Paris region, with a planned total capacity of 584 megawatts. These facilities, part of a broader European strategy to support artificial intelligence and the digital economy, are slated for deployment by 2030. The data centre projects are expected to create over 3,400 direct and indirect jobs.
“France is critical to the future of logistics and digital infrastructure in Europe,” said Hamid R. Moghadam, co-founder, chairman and CEO of Prologis. “These investments reflect our confidence in France’s long-term potential and our role in building the infrastructure that keeps global commerce moving.”
France has been a key market for Prologis since 2002. Prior to this latest announcement, the company had already invested more than €4.7 billion in logistics real estate in the country, managing a portfolio totalling 3.4 million square metres.
“This is about creating long-term value—for customers, for investors and for the broader economy,” said Sandro Innocenti, head of Prologis’ Southern Europe Region. “We’re building the connected, resilient infrastructure that helps businesses grow—and will help France thrive for generations to come.”
