Prologis Purchases R6 Logistics Park from Skanska

Press release 5/29/2014 10:30 AM CET

Prologis, Inc., the leading global owner, operator and developer of industrial real estate, and Skanska Property Czech Republic, a subsidiary of Skanska Group, today announced that Prologis has acquired the R6 Logistics Park, located north west of Prague, from Skanska.

Prologis intends to rename the site Prologis Park Prague Airport. The property covers nearly 33 hectares of land and has development potential for 132,300 square metres of logistics space.

Prologis Park Prague Airport is ideally located on the R6 highway - exit 7, which is just five minutes from Prague Václav Havel Airport, three minutes from the Prague Ring Road, and ten minutes from the D5 highway connecting Prague with Pilsen and onto Germany.

“This is an exciting addition to Prologis' existing portfolio in and around Prague, whose excellent position and accessibility is rapidly turning it into a Central European hub of clear commercial importance in the region,” said Martin Polak, Prologis country manager, Czech Republic and Slovakia. “Given its direct access to transport links to other major cities in the Czech Republic and onto Germany, Prologis is pleased to offer this space to meet our customers’ demand for high quality distribution facilities.”

“As the activity in industrial real estate is growing and developers are again very active in this field, we concluded to sell the remaining part of our logistics park to one single developer,” said Marie Passburg, President, Skanska Property Czech Republic.

Commercial real estate agency, Colliers International represented Prologis throughout this transaction.