Prologis Invests in Second Pilsen Logistics Park

10 May 2018

Prologis, Inc., the global leader in logistics real estate, announced that Prologis European Logistics Fund (PELF) has acquired Mountpark Pilsen in the Czech Republic.

Prologis, Inc., the global leader in logistics real estate, announced that Prologis European Logistics Fund (PELF) has acquired Mountpark Pilsen in the Czech Republic.

The park, acquired from Mountpark Logistics EU, comprises 43,700 square metres of vacant logistics facilities and three hectares of additional development land,totalling 10,000 square metres. It will be renamed Prologis Park Pilsen II.

Situated on the D5 highway that connects Prague to Bavaria, 16 kilometres west of Pilsen in the municipality of Prehysov, the park offers a prime logistics location. Regarded as the Czech Republic’s gateway to Europe, it is a strategic manufacturing hub due to competitive wages and a highly skilled workforce.  It is Prologis’ second investment in the Pilsen market, next to its fully occupied, 58,500 square metre Prologis Park at Pilsen-Stenovice.

“Pilsen is an established logistics market and a target one for Prologis. This acquisition provides a good growth opportunity in a high demand region”, says Martin Polak, senior vice president, regional head, Prologis CEE. “Prologis Park Pilsen-Stenovice, has already proven to be one of our most successful parks in our Czech portfolio. This second park will allow us to further accommodate the growing expansion needs of our customers in a pivotal location on the main east-west artery to Germany.”

Modesta Real Estate represented Prologis during this transaction.

See also

Prologis Park Wrocław V under further development

Prologis Inc., the global leader in logistics real estate, today announced that it has started development of a new 16,700 square meter facility at its fully occupied Prologis Park Wrocław V. The company has already signed the first pre-lease agreement for 6,000 square meters in the new building with a logistics operator in the aviation industry.

View more

First Building at New Prologis Park Brno Attracts Customers

Prologis, Inc., the global leader in logistics real estate, today announced it has signed three lease agreements covering more than half of the first speculative facility recently completed at its new, Prologis Park Brno.

View more

Prologis Park Pilsen II Welcomes its First Customer

Prologis, Inc., the global leader in logistics real estate, today announced it has signed a lease agreement with its first customer at the recently acquired Prologis Park Pilsen II. The transaction comprises 21,000 square meters leased to Maurice Ward Group, the global freight forwarding, warehousing, logistics and customs clearance service provider.

View more