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:
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New lease agreements
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Area
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Customer
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Location
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58,170 m²
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Electronics producer
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Prologis ParkGalanta-Gan, Slovakia
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34,960 m²
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Eko Holding
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Prologis Park Wrocław V, Poland
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18,300 m²
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Tradis
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Prologis Park Wrocław V, Poland
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14,000 m²
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Gefco
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Prologis ParkPrague D1 East, CzechRepublic
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13,000 m²
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Euro Pool System
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Prologis ParkPrague-Uzice, Czech Republic
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10,800 m²
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BOY
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Prologis ParkBudapest-Sziget, Hungary
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Lease renewals
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99,000 m²
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DHL
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Prologis ParkPrague-Jirny, Czech Republic
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38,000 m²
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Fiege
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Prologis ParkDąbrowa, Poland
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25,300 m²
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DHL
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Prologis ParkBratislava, Slovakia
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20,900 m²
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DHL
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Prologis ParkPrague D1 West, CzechRepublic
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19,700 m²
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NAY
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Prologis ParkBratislava, Slovakia
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17,590 m²
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Iron Mountain
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Prologis ParkBudapest-Gyal, Hungary
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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:
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New developments
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Area
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Customer
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Location
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Status
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34,960 m²
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Eko Holding
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Prologis Park Wrocław V, Poland
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Completed
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18,300 m²
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Tradis
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Prologis Park Wrocław V, Poland
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Completed
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17,800 m²
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Neonet
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Prologis Park Wrocław V, Poland
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Completed
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7,000 m²
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ROHLIG SUUS Logistics
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Prologis ParkJanki, Poland
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Completed
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22,000 m²
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DHL
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Prologis ParkPrague D1 West, CzechRepublic
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Under construction
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13,900 m²
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Tomra
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Prologis ParkBratislava, Slovakia
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Pre-construction stage
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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.
