Teleplan Renews 13,400 Square Metre Lease at Prologis Park Prague D1 East

Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced that Teleplan, the leading global provider of high-tech after-market services for the computer, communications and consumer electronics industries, has renewed its 13,400 square metre lease agreement at Prologis Park Prague D1 East.

“I am delighted that Teleplan has chosen to renew their lease,” says Martin Polák, Prologis vice president and market officer for the Czech Republic and Slovakia. “As a valued customer since 2006, Teleplan’sdecision sends a clear message that the quality of our portfolio, expertise, and customer service set us apart from our competitors. We are grateful for their vote of confidence and look forward to building on our solid relationship.”

Prologis Park Prague D1 East comprises seven buildings offering nearly 140,000 square metres of state-of-the-art distribution space. Each building offers a flexible distribution platform which can be adapted to suit the specific needs of the customer. Current customers include L´Oreal, ESA Logistics, DHL Express, Raben Logistics and Teleplan. The park is 98% leased with one 3,000 square metre unit still available.

Situated opposite Prologis Park Prague D1 West, Prologis Park Prague D1 East is next to the D1 motorway and only 11 km southeast of Prague city centre.

With a portfolio of six distribution parks and 30 buildings totalling more than 633,000 square metres, Prologis is one of a leading operators of industrial distribution facilities in the Czech Republic (as of 30 September 2012).