WARSAW (4 April 2016) – Prologis, Inc., the global leader in industrial real estate, today announced that it has completed a 30,000 square metre expansion of a distribution facility in Rawa Mazowiecka for Pepco, a leading clothing and houseware retailer.

Construction ended three weeks ahead of schedule. Once operational, the facility will serve as Pepco’s Central European distribution hub.

"To ensure seamless distribution to five CEE countries, we needed tailored and ideally located distribution space. That is why we decided to expand the existing 20,000 square metre distribution space by an additional 30,000 square metres," said Matthew Lythgoe, board member, Pepco Poland.

Prologis was responsible for three key stages of the project’s development: the delivery of a customized design concept, the supervision of the designer's work and the tendering process, which included the construction and handover of the building, along with an occupancy permit.

"The building for Pepco is the second Prologis project, after Globus’ distribution facility at Prologis Park Prague-Jirny, put into operation this year. This is a continuation of our strategy to develop in key undersupplied markets, which in 2015 saw us deliver nine distribution facilities totalling 197,000 square metres, including four buildings started and completed in the same year," said Paweł Sapek, senior vice president, country manager, Prologis Poland.

Pepco’s Rawa Mazowiecka facility is 50 kilometres from Łódź and 70 kilometres from Warsaw, at the intersection of Route 8/E67, which connects the Czech Republic, Poland and Lithuania, and Route 72 from Rawa Mazowiecka
to Łódź.

With its active engagement in four CEE countries and a portfolio totalling 4.3 million square metres, Prologis is the leading provider of distribution facilities in Central and Eastern Europe (as of 31 December 2015).

ABOUT PROLOGIS

Prologis, Inc. is the global leader in industrial real estate. As of September 30, 2015, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 670 million square feet (62 million square meters) in 21 countries. The company leases modern distribution facilities to more than 5,200 customers, including third-party logistics providers, transportation companies, retailers and manufacturers.

FORWARD-LOOKING STATEMENTS

The statements in this document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact Prologis’ financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, development activity and changes in sales or contribution volume of properties, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures — are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“REIT”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments in our co-investment ventures and funds, including our ability to establish new co-investment ventures and funds, (viii) risks of doing business internationally, including currency risks, (ix) environmental uncertainties, including risks of natural disasters, and (x) those additional factors discussed in reports filed with the Securities and Exchange Commission by Prologis under the heading “Risk Factors.” Prologis undertakes no duty to update any forward-looking statements appearing in this document.

MEDIA CONTACTS

Marta Tęsiorowska
Vice President Marketing & Communications
Prologis Central & Eastern Europe
Direct: +48 22 218 36 56
Email: [email protected]&

Marta Zagożdżon
PR Director, ConTrust Communication
Direct: + 48 605 073 929
E-mail: [email protected]