Prologis announced the launch of construction of Prologis Park Brno, a new logistics park in the Czech Republic, with the first speculative development of 27,860 square metres. The building is scheduled to be completed in the third quarter of 2018.
Prologis Park Brno, situated 10 kilometres south of Brno will ultimately comprise three buildings of high-quality, sustainable logistics space totalling 90,000 square metres on a 25.9 hectares site.
“We are excited about our new development in Brno, which with its great visibility and advantageous location on major access routes, will undoubtedly prove to be a valuable addition to what is now one of our best performing portfolios. We have been allocating capital to concentrate on core markets such as Prague or Brno where there is huge pent-up demand for the kind of high-quality logistics facilities backed by superior customer service that Prologis offers all its customers,” says Martin Polak, senior vice president, regional head, Central and Eastern Europe.
Martin Polak
Senior Vice President, Regional Head of CEE
Prologis
