From Sweden to Poland

Warszawa – 16 May 2011 – ProLogis (NYSE: PLD), the leading global provider of distribution facilities, announced today that it has leased 6,300 square metres of warehouse space to ASIA Sp. z o.o, at ProLogis Park Szczecin. Jartom real estate agency facilitated the transaction.

ASIA Sp. z o.o. is the sole distributor of decorative ceramic products supplied by Pil & Rotting® Sverige AB. The product range includes flower pots, vases, candlesticks, willow and bamboo baskets and garden ceramic products imported from China, Vietnam, Thailand and the Netherlands.

“We want to improve the distribution efficiency in Poland and enter the German market,” said Andrzej Karbownik, Managing Director for ASIA Sp. z o.o. “This is why we have decided to relocate a part of our existing warehouse from Sweden to Poland. ProLogis Park Szczecin is a perfect location for us. With the nearby seaport, efficient logistics services and handling of goods imported from the most remote corners of the world can be ensured. There are also good road connections to Berlin, which is only 200 kilometres away.”

“The park has been built exactly for such customers as ASIA – by this I mean companies that ship their goods by sea and focus on optimising their supply chain in both the Polish and German markets,” said Dariusz Proniewicz, Leasing Manager ProLogis Poland. “We are proud to welcome a new customer at ProLogis Park Szczecin.”

“With good knowledge of the market and quick recognition of our customer’s needs, we were able to offer the most convenient space for ASIA. In addition, our long-term relationship with ProLogis has helped us to streamline the contract signing process”, added Kamila Branecka, the consultant responsible for the transaction on behalf of Jartom.

ProLogis Park Szczecin is a modern distribution park totalling 41,600 square metres of warehouse space. The park is strategically located within the Goleniów municipality, on the east side of the S3 (Szczecin-Świnoujście) motorway, 10 kilometres from the Polish-German border, 65 kilometres from the seaport in Świnoujście and only 7 kilometres from the airport in Goleniów.

Other ProLogis customers at the park include TM Toys and Dancook.