ProLogis’s Slovak portfolio 100% leased

BRATISLAVA, Slovakia – 20 April 2011 – ProLogis (NYSE: PLD), the leading global provider of distribution facilities, announced that after closing a few recent transactions, ProLogis’ portfolio in Slovakia is now fully leased.

Recent transactions included:

•    A new lease signed with high-tech electronics manufacturer for 8,400 square metres at ProLogis Park Galanta-Gan, a 160,000-square metre distribution centre located 60 kilometres northeast of downtown Bratislava, near the international highway D1 (E58);

•    A lease expansion with DHL for 2,100 square metres at ProLogis Park Bratislava located 24 kilometres east of Bratislava totalling 183,000 square metres of modern warehouse space; and

•    A lease renewal signed with Wincanton at ProLogis Park Bratislava for 6,200 square metres.

“We are thrilled to announce that we are 100 percent leased in Slovakia,” commented Martin Polak, market officer in the Czech Republic and Slovakia. “Now we are moving our focus to securing pre-let and build-to-suit opportunities in Slovakia to monetize our 48-hectare land bank available for the immediate development.”

ProLogis is the leading distribution space provider in Slovakia with three distribution parks, totaling 387,000 square metres, located in Senec, Galanta (Gan) and Nove Mesto.