Industrial real estate company Prologis has announced the signing of two lease extensions totalling more than 26,000 square metres and an 8,000-sqm area expansion in its parks in the Prague region.

The transactions include:
 

• 13,747 square metres renewal at Prologis Park Prague D1 East with L’Oreal, the world´s leading beauty company;
• 12,731 square metres renewal at Prologis Park Prague D1 East with Marvinpac CZ, a co-packing and co-manufacturing service provider;
• 8,764 square metre expansion at Prologis Park Prague-Uzice with e-shop giant Alza.cz, bringing its total leased area to 21,445 square metres.

“These transactions reflect Prologis’ strategy of optimising our customers’ operations throughout their active markets by offering them flexible, Class-A solutions in prime locations," said Marek Muller, director development and leasing Czech Republic for Prologis.

Prologis Park Prague D1 East is located approximately 11 kilometres south-east of Prague at the Ricany/Jesenice junction and consists of seven buildings, totalling 130,000 square metres of state-of-the-art distribution space. Its proximity to the major D1 motorway offers excellent access to Prague city centre within 15 minutes as well as numerous domestic and foreign trade routes.

Prologis Park Prague-Uzice is located just nine kilometers from the city border north of Prague on the D8 Motorway, providing efficient access to major transport routes to Germany and Prague International Airport. The park currently consists of 97,500 square metres of modern warehouse and office space.