Prologis Leases 6,800 square metres in the Czech Republic

OSTRAVA, Czech Republic – October 22, 2010 – ProLogis (NYSE: PLD), the leading global provider of distribution facilities, announced today it signed a third-quarter lease agreement in its completed development portfolio in Ostrava, Czech Republic.

ProLogis leased 6,800 square meters to a third-party logistics provider and division of the largest book wholesaler in the Czech Republic and Slovakia. The company will operate its regional distribution hub at ProLogis Park Ostrava Building One, located 14 kilometres west of the Ostrava city centre, off the D47 motorway.

“We continue to see customer interest in our modern, high-quality industrial portfolio throughout Europe,” said Philip Dunne, ProLogis president of Europe. “We are very pleased to announce this recent activity, which helps us lease our completed development portfolio.”

Cushman & Wakefield real estate agency acted as the broker for this transaction.

ProLogis Park Ostrava is a state-of-the-art distribution park that consists of two buildings totalling 66,000 square metres of warehouse and office space. In addition to good public transport connections, including I-47, which serves seven public transport routes, Ostrava is proving more and more popular for logistics and light-production companies seeking access to its population of more than 10 million people within a 150 kilometre radius.

ProLogis‘ portfolio in the Czech Republic comprises six distribution parks (26 buildings) totalling more than 605,000 square metres of warehouse and office space.

About ProLogis
ProLogis is the leading global provider of distribution facilities, with more than 44 million square meters
of industrial space in markets across North America, Europe and Asia. The company leases its industrial facilities to more than 4,400 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. For additional information about the company, go to http://www.prologis.com.

Follow ProLogis on Twitter: http://twitter.com/ProLogis

Media relations: Ádám Szekfű, Marta Tęsiorowska
Szezám Communications
ProLogis Central & Eastern Europe
36 (20) 962 3158 48 (22) 218 3656
prologis@szezam.hu
mtesiorowska@prologis.com