Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced that it leased 1.15 million square metres 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 square metres. Prologis’ occupancy in the CEE was 89.5 percent as of Dec. 31, 2013.
In 2013 Prologis in CEE began construction of three new facilities totalling 75,300 square metres, including the first speculative facility since 2009 in the Czech Republic - fully leased within two months of construction - a 17,800 square metre facility at Prologis Park Wrocław V for Neonet, and a 7,000 square metre facility at Prologis Park Janki for ROHLIG SUUS Logistics. A 13,900 square metres BTS facility for TOMRA in Slovakia is in the 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.
BREAAM, the world’s leading design and assessment method for sustainable buildings, certified five Prologis facilities as ‘good’ for their environmental performance:
Building 2 at Prologis Park Wrocław V
Building 3 at Prologis Park Wrocław V
Extension of building 3 at Prologis Park Janki
Building 7 at Prologis Park Prague Jirny
Building 7 at Prologis Park Bratislava
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 square metres, Prologis is the leading owner of distribution facilities in Central & Eastern Europe (as of Dec. 31, 2013). .
