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Poland Drives Prologis Lease Activity in Central & Eastern Europe During Third Quarter

Poland Drives Prologis Lease Activity in Central & Eastern Europe During Third Quarter
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- CEE leasing activity covered more than 270,000 square metres - 24,500 square metre speculative development delivered in Bratislava - 18,500 square metre speculative facility fully let in Poland - Reduced vacancies in Hungary

Warsaw – 6 November 2012 – Prologis, Inc., the leading global owner, operator and developer of industrial real
estate, today announced a summary of the company’s leasing activity in Central and Eastern Europe (CEE) during the
third quarter of 2012.

Third quarter leasing activity covered 272,000 square metres, approximately ten percent higher than the second
quarter. Transactions in Poland accounted for 55 percent of Prologis leasing activity in CEE. New lease activity
covered 119,000 square metres, demonstrating the company’s strength of operations and breadth of customer
relationships in the region. As a result of the high leasing volume, Prologis now boasts a 39 percent market share in
CEE in terms of total area leased .

The largest new leases and renewals in CEE during Q3 include:
Leased space - New Customer
Customer / Distribution park
25 500 m2, Rohlig Suus Logistics, Prologis Park Janki, Poland
18 500 m2, Tradis, Prologis Park Błonie II, Poland
11 000 m2, HI Logistics Europe, Prologis Park Wrocław IV, Poland
11 000 m2, Schenker, Prologis Park Nadarzyn, Poland
10 800 m2, DHL, Prologis Park Dąbrowa, Poland
  7658 m2, Schumacher Packaging, Prologis Park Wrocław III, Poland

Leased space - Renewals
Customer / Distribution park
29 100 m2,Geodis Calsberson, Prologis Park Budapest-Budaors, Hungary
21 000 m2, cargo-partner, Prologis Park Budapest-Gyal, Hungary
20 000 m2, Schneider Electric, Prologis Park Budapest-Sziget, Hungary
12 500 m2, Mid Ocean Logistics, Prologis Park Chorzów, Poland
12 000 m2, Kuehne+Nagel, Prologis Park Wrocław, Poland

The largest transaction was a 25,500 square metre lease to ROHLIG SUUS Logistics at Prologis Park Janki. This
comprised an 18,500 square metre speculatively built facility (Building 3) and a 7,000 square metre extension which
will be adapted to the customer’s needs, becoming the market’s first cross-dock facility to support groupage handling.


Prologis also completed the construction of 24,500 square metre distribution facility (Building 7) at Prologis Park
Bratislava. This is Prologis first speculative warehouse that has been constructed in the Slovakian market since 2008.

In Hungary lease transactions covered approximately 100,000 square metres, driving the company’s available space
down to 15 percent compared to 19 percent of the Hungarian market’s overall vacancy rate .

Prologis has responded to the increasing demand in CEE by expanding its leasing department and establishing a
business development team. The new team will focus on implementing the company’s investment plans, progressing
developments, and realising new projects in core markets - Stryków, Poznań, Wrocław and Chorzów—where the
company can deliver up to 568,000 square metres of industrial real estate space.

“Despite the apparent slowing of the market in July and August, the third quarter has clearly proven customers’
demand for modern, efficient and cost-effective facilities,” says Ben Bannatyne, Managing Director at Prologis for
Central and Eastern Europe. “Recent transactions confirm that the high quality of Prologis’ portfolio, combined with
its expertise, professional approach, and best-in-class customer service, deliver tangible results.”

He added: “We will seek to build on these accomplishments through the fourth quarter, while continuing to improve
the quality and performance of our portfolio by disposing of non-strategic assets and selectively recycling capital into
acquisitions and new developments.”

With its active engagement in five countries across the region (Poland, Czech Republic, Hungary, Slovakia, Romania)
and portfolio totalling more than 3.5 million square metres, Prologis is the primary operator of distribution facilities in
Central & Eastern Europe (as of 30 September 2012).


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 September 30, 2012, Prologis owned or had investments in, on a
consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total
approximately 52.5 million square metres (565 million square feet)  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.

Contacts

Marta Tęsiorowska                        Marta Rakoczy
Vice President, Marketing & Communications             Manager, Public Relations
Prologis Central & Eastern Europe                ConTrust
Tel.: +48 22 218 36 56                        Tel.: + 48 605 073 929
E-mail: mtesiorowska@prologis.com                E-mail: m.rakoczy@contrust.pl    
    

1. Source: CBRE reports October 2012 (excluding Romania)
2. Source: CBRE reports October 2012



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Nadesłał:

ConTrust
http://contrust.pl

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