February 04, 2014

Prologis leases over 1,000,000 million sqm during 2013 in CEE

Prologis leases over 1,000,000 million sqm during 2013 in CEE

Prologis has announced that it leased 1.15 million sqm of industrial distribution space in Central & Eastern Europe (CEE) during 2013.

Prologis renewed leases totalling 595,000 square metres and signed new leases totalling more than 363,000 sqm. Prologis’ occupancy in the CEE was 89.5 percent as of Dec. 31, 2013.

Highlights include:

New lease agreements

Area

Customer

Location

58,170 m²

Electronics producer

Prologis ParkGalanta-Gan, Slovakia

34,960 m²

Eko Holding

Prologis Park Wrocław V, Poland

18,300 m²

Tradis

Prologis Park Wrocław V, Poland

14,000 m²

Gefco

Prologis ParkPrague D1 East, CzechRepublic

13,000 m²

Euro Pool System

Prologis ParkPrague-Uzice, Czech Republic

10,800 m²

BOY

Prologis ParkBudapest-Sziget, Hungary

Lease renewals

99,000 m²

DHL

Prologis ParkPrague-Jirny, Czech Republic

38,000 m²

Fiege

Prologis ParkDąbrowa, Poland

25,300 m²

DHL

Prologis ParkBratislava, Slovakia

20,900 m²

DHL

Prologis ParkPrague D1 West, CzechRepublic

19,700 m²

NAY

Prologis ParkBratislava, Slovakia

17,590 m²

Iron Mountain

Prologis ParkBudapest-Gyal, Hungary

In 2013 Prologis in CEE began construction of three new facilities totalling 75,300 sqm, including the first speculative facility since 2009 in the Czech Republic - fully leased within two months of construction - a 17,800 sqm facility at Prologis Park Wrocław V for Neonet, and a 7,000 sqm facility at Prologis Park Janki for ROHLIG SUUS Logistics. A 13,900 sqm BTS facility for TOMRA in Slovakia is in the pre-construction stage.

Prologis’ new developments in 2013:

New developments

Area

Customer

Location

Status

34,960 m²

Eko Holding

Prologis Park Wrocław V, Poland

Completed

18,300 m²

Tradis

Prologis Park Wrocław V, Poland

Completed

17,800 m²

Neonet

Prologis Park Wrocław V, Poland

Completed

7,000 m²

ROHLIG SUUS Logistics

Prologis ParkJanki, Poland

Completed

22,000 m²

DHL

Prologis ParkPrague D1 West, CzechRepublic

Under construction

13,900 m²

Tomra

Prologis ParkBratislava, Slovakia

Pre-construction stage

Ben Bannatyne, managing director, Prologis Central & Eastern Europe, said: “With 2013 leasing activity totalling more than one million square metres, combined with three new build-to-suit facilities and a measured return to speculative development, we begin 2014 with a positive outlook. We will continue focusing on increasing occupancy within our current portfolio, as well as monetising our existing land bank in core markets such as Poland, Czech Republic, Slovakia, Hungary and Romania, in-line with our investment strategy.”

Prologis disposed of two parcels of land totalling nearly 31 hectares; 17.4 hectares in the Czech town of Breclav and 13.5 hectares in the Polish city of Wrocław.

BREEAM, the world’s leading design and assessment method for sustainable buildings, certified five Prologis facilities as ‘good’ for their environmental performance:

· Building 2 at PrologisParkWrocław V

· Building 3 at PrologisParkWrocław V

  • Extension of building 3 at Prologis Park Janki

· Building 7 at PrologisParkPrague Jirny

  • Building 7 at PrologisParkBratislava

On 17 May, Prologis employees in Poland, Czech Republic, Slovakia, Hungary and Romania - together with colleagues in 16 other countries around the world - contributed a total of 7,000 hours of work to charitable projects as part of the company’s first global ‘IMPACT Day’. Prologis continues to be active in the field of CSR and was recently voted a “Global 100 Sustainable Corporations in the World” for the sixth consecutive year in a row.

With its active engagement in five CEE countries (Poland, Czech Republic, Hungary, Slovakia and Romania) and a portfolio totalling more than 3.6 million sqm, Prologis is one of the leading owners of distribution facilities in Central & Eastern Europe.

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