Accelerated demand on the continent and sustained demand in the UK led to the strongest year of net absorption on record: 8.6 million sqm, an increase of 27 percent over 2016. Notable new leasing activity in the fourth quarter included: • 81,740 sqm for Cdiscount at Moissy Chanteloup, France • 45,144 sqm for Empik Group in Sochaczew, Poland • 24,078 sqm for XPO Supply Chain at Isle d'Abeau in Lyon, France • 11,238 sqm for Thethford B.V. Etten Leur, Netherlands Development Starts Supply of Class-A distribution facilities picked up, notably through supply in Poland and resurging development activity in the UK. In the fourth quarter, Prologis Europe started 15 developments in the Czech Republic, Italy, Spain, Slovakia and the UK totalling 216,000 sqm; 22 percent was build-to-suit and 78 percent speculative with 25 percent preleased. Over 2017, Prologis started 40 developments, totalling 917,500 sqm.