Strong Customer Demand At Prologis Hungarian Parks Continues

98,000 square metres leased at five parks in Hungary

BUDAPEST (February 1, 2016) – Prologis, Inc., the global leader in industrial real estate, today announced six new lease agreements totalling nearly 98,000 square metres at five parks in Hungary.

The transactions in Hungary include:

“As leasing activity gradually increases in the Hungarian market, these transactions demonstrate that there
is strong demand for our high-quality buildings and services not only from our existing customers, which provides a solid basis for our operation in Hungary, but also from new customers. We are firing on all cylinders,” said László Kemenes, senior vice president and country manager for Prologis in Hungary. “The excellent performance of our parks in Hungary reflects the efforts of our professional leasing and customer relations teams, as well as the outstanding quality and location of our parks.”

Prologis is the leading provider of industrial space in Hungary with a portfolio of 612,000 square metres in six parks (as of December 31, 2015).