Appointments at Prologis CEE

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Appointments at Prologis CEE

2013-08-27

WARSAW – 27 August 2013 – Prologis, Inc., the leading global owner, operator and developer of industrial real estate, has announced four promotions within the Central and Eastern Europe region.

Mark Zulver has been promoted to the position of the Senior Vice President, Head of Operations, CEE. He has worked for the company for 13 years and has extensive expertise of the market and the company’s portfolio in the region. Mark is responsible for leading the Operations team, mentoring colleagues and building excellent relationships with external partners. One of his recent achievements includes finalising the sale of 11 Prologis distribution properties in Poland to Hines Global REIT Poland Logistics Holdings I LLC.

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Bartosz Mierzwiak has been promoted to the position of the Senior Vice President, Market Officer in Poland. He joined the Prologis team in 2010 as Vice President, Market Officer in Poland. Bartosz places great emphasis on building strong relations based on trust both with clients and colleagues. This has contributed to the success of three Prologis teams responsible for construction, leasing and land monetization, all of which have made a substantial contribution to the company’s development in the region.

Ewa Zawadzka was appointed as Vice President, Head of Development in Poland. In her previous role as head of the Business Development team, Ewa worked out an effective model of co-operation with clients which led to the signing of agreements for construction of four build-to-suit (BTS) projects. Since joining Prologis in 2007, she has gained international experience in sales, customer service and logistics. She has also gained experience implementing projects related to the optimisation of logistics processes, including organisation and commissioning of distribution centres.

Marek Fischer has been promoted to the position of the Director Project Management in Poland. As a member of the Business Development team, he is responsible for preparation of offers, valuations and supervising the implementation of investments in BTS projects. Marek, who joined Prologis in 2005, boasts 30 years of experience in the construction of commercial real estate properties, making him an expert in managing the construction of large-area turn-key distribution centres.

Ben Bannatyne, Managing Director & Regional Head CEE at Prologis said: “I would like to congratulate the team on their well-earned appointments, which not only reflect their hard work, experience and expertise, but also their ongoing commitment to providing top quality service to our customers and partners. Their success contributes to our continued growth and position as an employer of choice in the CEE region.”

With a portfolio totaling more than 3.5 million square metres (as of June 30, 2013), Prologis is the primary operator of distribution facilities across Central and Eastern Europe including Poland, the Czech Republic, Hungary, Slovakia and Romania.

Media Contacts

Marta Tęsiorowska

Vice President, Marketing & Communications

Prologis Central & Eastern Europe

Direct: +48 22 218 36 56

E-mail: mtesiorowska@prologis.com

Marta Rakoczy

PR Director

ConTrust

Direct: + 48 605 073 929

E-mail: m.rakoczy@contrust.pl

About Prologis

Prologis, Inc., is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of June 30, 2013, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 52.3 million square metres in 21 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.

The statements in this release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which Prologis operates, management's beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact Prologis' financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, development activity and changes in sales or contribution volume of developed properties, disposition activity, general conditions in the geographic areas where we operate, synergies to be realized from our recent merger transaction, our debt and financial position, our ability to form new property funds and the availability of capital in existing or new property funds — are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("REIT") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments in our co-investment ventures and funds, including our ability to establish new co-investment ventures and funds, (viii) risks of doing business internationally, including currency risks, (ix) environmental uncertainties, including risks of natural disasters, and (x) those additional factors discussed in reports filed with the Securities and Exchange Commission by Prologis under the heading "Risk Factors." Prologis undertakes no duty to update any forward-looking statements appearing in this release.

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