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.

Prologis has secured a 146,500 square metre lease with Tesco Stores Slovakia at Prologis Park Galanta-Gáň. The transaction includes 55,000 square metre new lease of a recently completed build-to-suit facility and a 91,500 square metre lease renewal.

Prologis has completed a state-of-the-art 30,250 square metre build-to-suit facility at Prologis Park Prague-Jirny for HP TRONIC, a retailer of consumer electronics in the Czech Republic and Slovakia. With the delivery of this facility, the park is fully developed.