Prologis, Inc., the global leader in industrial real estate, today announced that it will expand Prologis Park Prague D1 East by developing two additional buildings, DC8 and DC9, totalling 10,360 square metres, for which two pre-leasing agreements have been signed prior to construction.
PointPark Properties (P3), the specialist investor, developer and asset manager of warehouse properties, has bought 22 hectares of land alongside the D11 motorway east of Prague for a new 120,000 m2 logistics park which, when complete, will boost its total lettable area around the Czech capital by nearly 40%. The company will develop the site for a total investment of around €85 million to serve the rapidly growing demand for quality warehousing and distribution space in the vicinity of the city.
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