Prologis to build €6.4bn data centres in France in major logistics push

Prologis will invest €6.4 billion to build four large-scale data centres in the Île-de-France region, one of the most significant foreign real estate commitments announced at the 2025 Choose France summit. The US-based logistics real estate firm said the facilities will serve hyper-scale and enterprise users, and construction is expected to begin in early 2026.

The announcement was made at the Château de Versailles, where foreign companies committed to more than €20 billion in investments in infrastructure, energy, defence, and technology.

“This is a significant investment in the digital and logistics backbone of France,” said Prologis. “We are proud to contribute to the country’s economic development and energy-efficient infrastructure.”

President Emmanuel Macron said: “France is continuing to attract strategic investments in the technologies and industries that will define the future. We welcome Prologis and all those choosing France with ambition.”

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Prologis is the world’s largest owner and developer of logistics real estate, managing over 125 million sq m globally. Its European operations are headquartered in Amsterdam and span France, Germany, the UK, and the Netherlands. The firm manages more than 6 million sq m of logistics space in France, including hubs near Paris, Lille and Lyon.

It has not disclosed the size or exact location of the planned data centres, but recent projects by the firm have ranged from 10,000 to over 50,000 sq m, depending on tenant requirements. In 2023, it launched a dedicated platform to expand data centre development in Europe and North America, driven by rising demand from cloud and AI providers.

The new French facilities are expected to prioritise access to grid capacity and low-latency fibre connections, key criteria in data centre site selection. Planning applications are likely to be submitted in the second half of 2025.

Other announcements at the Choose France summit included a €100 million investment by Portuguese defence firm Tekever to build a drone assembly plant in southwest France. The facility will produce AR3 and AR5 unmanned aerial systems for surveillance and environmental monitoring.

 “This facility will not only bolster our production capacity but also foster innovation in AI-driven autonomous systems,” said Ricardo Mendes, Tekever’s chief executive officer.

London-based Revolut also pledged €1 billion for expansion and UK-based Less Common Metals committed to rare earth supply chain investments. According to Banque de France, France attracted a record €40 billion in foreign direct investment in 2024. EY’s 2024 Attractiveness Survey ranked France as the top European destination for foreign industrial and logistics projects, with 1,259 new investment announcements—well ahead of Germany and the UK.