Prologis has begun construction of a new 28,300 square metre speculative facility at Prologis Park Prague-Uzice in the Czech Republic. It will be the third building at fully occupied park and is scheduled to be completed by mid-2018.

Prologis announced a successful pilot with Platio, a Hungarian start-up that provides aesthetic and space-saving renewable energy systems by integrating high-performance solar cells into sidewalk paving elements made of recycled plastic. Prologis Park Budapest-Harbor has become the first logistics park in the world to integrate this green technology into its daily operations.

Prologis announced fourth quarter and full year 2017 activity in Europe. During the past year Prologis started 40 developments, totalling 917,500 square metres.

Prologis has signed a new lease agreement with ESA Group for 10,740 square metres at Prologis Park Prague-Uzice in the Czech Republic. ESA Group, one of the leading logistics companies in Central Europe, will lease Building 2, making the 97,800-square metre Prologis Park Prague-Uzice fully occupied. The company is an existing customer of Prologis at Prologis Park Prague D1 East, southeast of Prague. Cushman & Wakefield brokered the transaction.

Prologis announced the completion of an 18,100 square metre build-to-suit (BTS) facility for Arvato Polska at Prologis Park Stryków.

Prologis has started construction of two logistics facilities at its new Prologis Park Nitra in Slovakia. The expected completion of both buildings is scheduled for the second quarter of 2018.

Central Poland, Prague and Bucharest are among the most desirable logistics locations in Europe, according to a new research by Prologis that examines why logistics customers in Europe choose certain locations over others.

Prologis has begun construction of a new 14,477 sqm speculative facility at Prologis Park Prague-Airport. The expected completion is for the first quarter of 2018.

Prologis has begun construction of a new 23,710 square metre build-to-suit facility at Prologis Park Prague-Rudna for VAFO PRAHA, the Czech family-owned pet food producer. With construction of Building 19, the park will be fully developed and will comprise almost 250,000 square meters of distribution space.

Prologis announced the sale of Prologis Park Galanta-Gan in Slovakia to CNIC Corporation Limited, an investment company wholly-owned by the Government of the People's Republic of China. The park is the largest logistics asset, both by area and investment volume, ever sold in the CEE region.