Prologis Parks West of Prague on the Radar of Customers
Prologis Park Prague-Airport DC1 Signs its First Customer
PRAGUE (26 November 2015) – Prologis, Inc., the global leader in industrial real estate, today announced that it has signed four lease agreements totalling 13,148 square metres at Prologis Park Prague-Airport and Prologis Park Prague-Rudná.
The transactions include:
- 5,312 square metres at Prologis Park Prague-Rudná with Country Life, an organic foods supplier and retailer;
- 4,700 square metres at Prologis Park Prague-Airport with a retailer, representing Prologis’ first customer at Prologis Park Prague-Airport DC1;
- 2,106 square metre renewal at Prologis Park Prague-Rudná with Lorenc Logistic, an international logistics services provider;
- 1,030 square metre expansion at Prologis Park Prague-Rudná with DB Schenker, an international logistics services provider.
“Both parks play a key role in Prologis’ Prague portfolio, offering our customers Class-A distribution space with easy access to their key markets throughout the region,” said Martin Balaz, director, development and leasing, Prologis Czech Republic and Slovakia. “We are delighted to confirm our first customer for Prologis Park Prague-Airport DC1 so quickly after its completion, which is a strong indicator of the favourable market conditions for speculative building in this coveted location.”
Prologis Park Prague-Airport currently comprises two buildings totalling 60,000 square metres with the potential for a further 61,000 square metres of build-out space. Located just five minutes from Václav Havel Airport Prague, the park provides excellent access for national and international traffic and trade routes via the D5 highway.
Also located just off of the D5 highway, offering convenient access to Václav Havel Airport Prague and just 20 minutes from Prague’s city centre, Prologis Park Prague-Rudná currently comprises 18 buildings totalling 176,000 square metres of state-of-the-art distribution space.
Prologis is one of the leading providers of distribution facilities in the Czech Republic with more than 952,000 square metres of logistics and industrial space (as of September 30, 2015).