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Prologis to Develop 376,000 Square Foot Build-to-Suit Facility in Poland

   Prologis to Develop 376,000 Square Foot Build-to-Suit Facility in Poland

Project is Fourth BTS at Prologis Park Wroclaw V in the last 24 Months

PR Newswire

SAN FRANCISCO, June 20, 2013

SANFRANCISCO, June 20, 2013 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the
leading global owner, operator and developer of industrial real estate, today
announced it has signed a new build-to-suit agreement with a leading Polish
retailer for a 376,000 square foot(34,900 square meter)distribution center
in Poland.

The new facility is located in Prologis Park Wroclaw V adjacent to Wroclaw's
ring road and proximate to major transportation routes via the Wroclaw Bielany
junction. Set on 173 acres (70 hectares) of land,the parkwill total more
than 3.1 million square feet (290,000 square meters) of Class-A logistics
space at full build-out. Upon completion, Prologis will submit the building
for BREEAM certification.

"As the fourth build-to-suit in less than two years, this transaction further
highlights the strategic importance of Prologis Park Wroclaw V as a key
logistics location," said Ben Bannatyne, managing director, Prologis Central &
Eastern Europe. "Supply chain consolidation and a rapidly growing consumer
class continue to drive demand for logistics infrastructure in Central
Europe."

Prologis is the largest owner and operator of industrial real estate in Poland
with a portfolio totaling more than 20.5 million square feet (1.9 million
square meters).

About Prologis

Prologis, Inc., is the leading owner, operator and developer of industrial
real estate, focused on global and regional markets across the Americas,
Europe and Asia. As of March 31, 2013, Prologis owned or had investments in,
on a consolidated basis or through unconsolidated joint ventures, properties
and development projects expected to total approximately 559 million square
feet (51.9 million square meters) in 21 countries. The company leases modern
distribution facilities to more than 4,500 customers, including manufacturers,
retailers, transportation companies, third-party logistics providers and other
enterprises.

The statements in this release 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 developed properties, disposition activity, general
conditions in the geographic areas where we operate, synergies to be realized
from our recent merger transaction, our debt and financial position, our
ability to form new property funds and the availability of capital in existing
or new property funds — 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 release.

SOURCE Prologis, Inc.

Website: http://www.prologis.com
Contact: Tracy Ward, +1 415 733 9565, tward@prologis.com, San Francisco, or
Atle Erlingsson, +1 415 733 9495, aerlingsson@prologis.com, San Francisco
 
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