Prologis Leases 152,000 Square Metres in Prague
Prologis Park Prague-Jirny Retains Long-Term Customers
PRAGUE (10 December 2015) – Prologis, Inc., the global leader in industrial real estate, today announced that it has signed two lease agreements totalling 152,560 square metres at Prologis Park Prague-Jirny.
The transactions include:
- 106,000 square metre renewal and 31,000 square metre expansion at Prologis Park Prague-Jirny with DHL, an international logistics services provider;
- 9,760 square metre renewal and 5,800 square metre expansion at Prologis Park Prague-Jirny with LGI,
an international logistics services provider. The 108 real estate agency acted as the broker in the transaction.
“Demand from both new and existing customers at Prologis Park Prague-Jirny continues to be very strong, which is reflected in the park being 100 percent occupied and the spectacular customer retention rate also being
100 percent,” said Pavlina Plaskova, leasing manager, Prologis Czech Republic. “Our priority remains the optimization of our customers’ operations, and the location of this park provides an ideal platform for us to meet and exceed their expectations.”
Prologis Park Prague-Jirny is a state-of-the-art distribution park, currently comprising 266,000 square metres of distribution space with an additional 28,830 square metre build-to-suit facility under construction for Globus. The park is located 8 kilometres east of the Prague city border with direct access to the D11 motorway, enabling efficient distribution to local markets and onto neighbouring countries.
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).