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Prologis Begins Two New Speculative Developments in Bratislava

Prologis, Inc., the global leader in industrialreal estate, today announced that it has begun development of two speculative facilities totalling 22,300 square metres at Prologis Park Bratislava.

The buildings, DC12 and DC13, are planned for completion in the third quarter and total 16,430 square metres and 5,885 square metres respectively. Both facilities offer state-of-the-art logistics space and increase Prologis Park Bratislava’s total space to more than 280,000 square metres. The park is Prologis’ largest one in the whole of Central and Eastern Europe.

Our portfolio in Slovakia is nearly 100-percent leased, which speaks to the strong demand for high-quality, energy-efficient logistics space,” said Martin Polák, senior vice president and country manager,Prologis Czech Republic and Slovakia. “We have had great leasing success with our recent speculative developments and are pleased to strengthen our offering in the Slovak market with these two additional buildings shortly after acquiring the land in September 2014.

Prologis Park Bratislava is a state-of-the-art industrial park 24 kilometres east of Bratislava’s city centre, two kilometres from Senec and 16 kilometres from the international airport,making it an ideal hub for domestic and international logistics operations.

Prologis is the leading provider of distribution facilities in Slovakia with more than 478,000 square metres of logistics and industrial space (as of March 31, 2015).

About Prologis

Prologis, Inc., is the global leader in industrial real estate. As of March 31, 2015, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 594 million square feet (55 million square meters) in 21 countries. The company leases modern distribution facilities to more than 4,700 customers, including third-party logistics providers, transportation companies, retailers and manufacturers.

Source: Best Communications