Prologis CEE Employees Make an IMPACT on Their Communities
ARSAW (23 May 2016) – Prologis, Inc., the global leader in logistics real estate, today announced that its employees from Central and Eastern Europe spent Friday, May 20, participating in IMPACT Day, the company’s fourth annual global day of community service.
From Poland to the Czech Republic, Slovakia to Hungary, Prologis employees got busy helping people and organizations in need. Activities included painting, building and gardening.
Poland helps those affected by autism
Polish employees volunteered at the Synapsis Foundation, an organisation that provides professional help to children and adults with autism. The team gave the foundation a facelift, did some gardening and freshened up the therapy rooms.
Children in need get a hand in the Czech Republic and Slovakia
Brightening up a flat for children in a state of transition kept the Czech and Slovak teams busy. They helped out at the Kangaroo Center Laskova, which provides a home-like environment for children until they can either be reunited with their parents or placed in permanent foster care. The home looked like new after the Prologis team cleaned, painted and donated five new divan beds.
Hungary puts its green thumbs to work
The nature lovers from the Hungarian team worked hard at the Vácrátót botanical garden. They took on many projects, including building fences and wooden bins, renovating a bridge, painting poles and general clean-up of paths. Vácrátót boasts more than 150 different animals and many plant species.
"Prologis has always been a strong supporter of charitable work both at the company and individual level. Our employees appreciate the opportunity to volunteer as a team,” said Martin Polak, senior vice president and regional head, Prologis CEE. “IMPACT Day connects employees with our social mission, and is one way our employees around the world can participate in our charitable initiatives.”
Globally, some 1,500 Prologis employees participated in IMPACT Day, including 70 colleagues from the CEE region. IMPACT Day emphasises the company’s core values of Integrity, Mentorship, Passion, Accountability, Courage and Teamwork.
In addition to IMPACT DAY, Prologis gives employees 24 additional hours of paid time off each year to volunteer at non-profit organisations: 16 hours for company-sponsored charitable events and 8 hours for the non-profit of the employee’s choice.
With its active engagement in Poland, the Czech Republic, Hungary and Slovakia and a portfolio totalling 4.3 million square metres, Prologis is the leading provider of distribution facilities in Central and Eastern Europe (as of 31 March 2016).
Prologis, Inc. is the global leader in industrial real estate. As of September 30, 2015, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 670 million square feet (62 million square meters) in 21 countries. The company leases modern distribution facilities to more than 5,200 customers, including third-party logistics providers, transportation companies, retailers and manufacturers.
The statements in this document 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 properties, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures — 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 document.
Vice President Marketing & Communications
Prologis Central & Eastern Europe
Direct: +48 22 218 36 56
Email: [email protected]&
PR Director, ConTrust Communication
Direct: + 48 605 073 929
E-mail: [email protected]