WARSAW (15 November 2016) – Prologis, Inc., the global leader in logistics real estate, today announced that it has signed six lease agreements totalling 33,730 square metres at Prologis Park Chorzów, Prologis Park Dąbrowa and Prologis Park Będzin II.
The transactions include:
- 12,100 square metre lease renewal with Magna Automotive Poland, a subsidiary of a Canadian-domiciled global leader in automotive component manufacturing, at Prologis Park Dąbrowa. Cushman & Wakefield facilitated the transaction.
- 9,500 square metre new lease agreement with Polonia Logistyka, a Polish logistics company that provides services for customers in the automotive industry, at Prologis Park Będzin II. Glob Nieruchomości facilitated the transaction.
- 4,000 square metre new lease agreement with Spokey, a sporting goods manufacturer, at Prologis Park Chorzów.
- 3,500 square metre new lease agreement with DTW Logistics, which provides professional services
- in the national and international carriage of neutral goods, cool cargo and hazardous goods, at Prologis Park Będzin II.
- 2,700 square metre new lease agreement with Zeta Pro Office, an office supplies distributor, at the newly delivered Small Business Unit (SBU) facility at Prologis Park Chorzów. Jartom Real Estate facilitated the transaction.
- 1,930 square metre new lease agreement with Colmec, a Swedish producer and distributor of tires for trucks, buses and passenger cars, at the SBU facility at Prologis Park Chorzów. Profit Nieruchomości facilitated the transaction.
“Our 94 percent occupied portfolio in the Silesia region, which comprises four conveniently located logistics parks, is able to meet high demand from our customers,” said Piotr Brycki, leasing manager, Prologis Poland. “Located near key transit routes and still within the city limits, Prologis Park Dąbrowa, Prologis Park Chorzów and Prologis Park Będzin II can also be used by e-commerce businesses for last-mile logistics to ensure the fast delivery of goods,” Brycki added.
Prologis Park Chorzów comprises five buildings totalling 251,000 square metres. The park is located on the western outskirts of Katowice, in the immediate vicinity of the A4 motorway connecting Ukraine and Germany, and just 15 kilometres from the Gliwice-Sośnica Interchange, a junction of the two largest international transport corridors in Poland.
Prologis Park Dąbrowa comprises 10 buildings totalling 144,000 square metres. The park is located in Dąbrowa Górnicza, in northeastern Silesia, and has convenient access to numerous key transport routes, including the express road S1, which provides a direct connection to the A4 motorway and the international airport in Katowice.
Totalling 46,000 square metres of logistics space, Prologis Park Będzin II is near the A4 motorway, part of European route E40, the largest route that connects Eastern and Western Europe.
With its active engagement in four CEE countries and a portfolio totalling 4.4 million square metres, Prologis is the leading provider of distribution facilities in Central and Eastern Europe (as of 30 September 2016).
ABOUT PROLOGIS
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.
FORWARD-LOOKING STATEMENTS
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.
MEDIA CONTACTS
Marta Tęsiorowska
Vice President Marketing & Communications
Prologis Central & Eastern Europe
Direct: +48 22 218 36 56
Email: [email protected]&
Marta Zagożdżon
PR Director, ConTrust Communication
Direct: + 48 605 073 929
E-mail: [email protected]