Data publikacji: 2014-04-24
Oryginalny tytuł wiadomości prasowej: Prologis Reports Q1 2014 Activity in Central & Eastern Europe
Kategoria: BIZNES, Nieruchomości
– Leased 300,000 square metres – – Started 56,400 square metres of new development projects –
WARSAW – 24 April 2014 – Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, announced first quarter 2014 activity in Central & Eastern Europe (CEE).
Leasing Activity
In the first quarter, Prologis CEE leased nearly 300,000 square metres, a 30 percent increase year‑over‑year. Transactions in Poland accounted for 44 percent of all leases signed in the region.
The company signed new lease agreements totalling 105,000 square metres and lease renewals of more than 154,000 square metres. The remaining activity was covered through short-term agreements.
Development Starts and Acquisitions
In the first quarter, Prologis initiated three developments totalling 56,400 square metres, including:
27,000 square metres of speculative space at Prologis Park Wroclaw V DC5, Poland;
18,200 square metres of speculative space at Prologis Park Wroclaw III DC1, Poland; and
11,200 square metre build-to-suit facility for Prime Cargo in Szczecin, Poland.
The company also acquired Prague Modletice D1, a high-quality 16,000 square metre logistics facility – renamed Prologis Park Prague D1 West II – located in the Prague D1 zone of the Czech Republic.
“Growing customer demand in select markets across the region led to strong year-over-year growth in leasing activity in the first quarter,” said Ben Bannatyne, managing director, Prologis Central & Eastern Europe. “We are firmly committed to increasing our occupancy through the year and may initiate new developments or target acquisitions to meet our customers’ needs.”
With its active engagement in five countries across the region (Poland, Czech Republic, Hungary, Slovakia and Romania) and a portfolio totalling more than 3.7 million square metres, Prologis is the primary operator of distribution facilities in Central & Eastern Europe (as of 31 March 2014).
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, 2014, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 574 million square feet (53.3 million square meters) in 21 countries. The company leases modern distribution facilities to more than 4,700 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 properties, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures — 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.
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