Warsaw (5 February, 2018)Prologis Inc., the global leader in logistics real estate, today announced that it has signed four lease agreements totalling 62,700 square metres at its parks in Chorzów and Dąbrowa Górnicza, bringing its Silesian portfolio to 98 percent occupied.

Transactions include:

  • 43,000 square metre lease expansion and renewal at Prologis Park Chorzów with Moto-Profil, a company specialising in the importation and distribution of automotive parts and accessories;
  • 10,000 square metre lease expansion at Prologis Park Dąbrowa with Fiege Group, a leading European logistics company;
  • 5,700 square metre lease expansion at Prologis Park Dąbrowa with DHL Exel Supply Chain, part of the Supply Chain division of Deutsche Post DHL, the world’s leading logistics group;
  • 4,000 square metre lease expansion at Prologis Park Chorzów with Latex Opony, a leading tyre distributor.

“Interest in our Upper Silesia warehouse space is strong. Our high-quality facilities and first-rate property management services are key reasons for customers to renew or expand their lease agreements,” says Piotr Brycki, leasing manager, Prologis Poland. “Customers recognize this high standard and this is reflected by almost 98 percent of our Silesian portfolio being leased.”

With a portfolio totalling 2.4 million square metres of logistic space Prologis is the leading provider of distribution facilities in Poland (as of 31 December, 2017).

About Prologis

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2017, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 684 million square feet (64 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,000 customers across two major categories: business-to-business and retail/online fulfillment.

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 we operate as well as management's beliefs and assumptions. Such statements involve uncertainties that could significantly impact our financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," and "estimates", including 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, contribution and disposition activity, general conditions in the geographic areas where we operate, our debt, capital structure 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 and political 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 status, tax structuring and changes in income tax rates (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, including our ability to establish new co-investment ventures, (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 us under the heading "Risk Factors." We undertake no duty to update any forward-looking statements appearing in this document except as may be required by law.

MEDIA CONTACT

Renata Kocemba
Marketing & Communications Manager Central Europe
+48 (22) 218 36 58
[email protected]

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