The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Real Estate Real Estate Activities Real Estate Activities 68 - Real estate activities
300 jobs Number of planned job creations
Announcement Date
15 May 2007
Employment effect (start)
1 January 2009
Foreseen end date
1 June 2009
Description
Prologis, an American construction company active in the promotion of logistic platforms and the world's largest owner, manager and developer of distribution facilities, announced on 15 May 2007 its plans to build a business park covering 50,000 square metres at Séverac le Château, in Aveyron, south of France. The total investment, estimated at 25 million Euros, is expected to create 300 jobs between January and June 2009.
This project is the fourth one announced by the US company in 2007.
Sources
16 May 2007: Les Echos
Citation
Eurofound (2007), Prologis, Business expansion in France, factsheet number 65345, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65345.
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