Prologis Park Bratislava Continues Expansion with Two New Buildings
Bratislava (23 May 2018) - Prologis, Inc., the global leader in logistics real estate, today announced that it has begun construction of two new speculative facilities totalling 25,300 square metres at Prologis Park Bratislava.
The developments include:
- 9,800 square metre Building 14, in which 2,900 square metres have been pre-leased by Blitshtein Trading, a food distributor to major markets in Central and Eastern Europe.
- 15,500 square metre Building 20.
“The park’s 97 percent occupancy and the fact we fully leased Building 6 after just two months of vacancy shows how these two speculative facilities correspond to ongoing elevated demand for state-of-the-art industrial and logistics space in this region of Slovakia,” Martin Stratov, director, development and leasing, Prologis Slovakia.
Upon completion of the two new buildings, the park will total more than 386,000 square metres of existing logistics space along with 58,000 square metres of additional development potential.
Prologis Park Bratislava is 24 kilometres east of Bratislava’s city centre, 2 kilometres from Senec and 16 kilometres from the international airport. Prologis has been expanding the park with a mix of speculative and build-to-suit buildings to meet the strong demand for logistics space in what is an ideal location for companies operating throughout the CEE region and Austria.
With its active engagement in four CEE countries 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 2018).
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of March 31, 2018, 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 683 million square feet (63 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.
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