ProLogis leases more space to DHL in the Czech Republic

ProLogis has leased 424,000 square feet (39,400 square metres) of industrial space in the Czech Republic to DHL Logistics.

Under the new deal between the two parties, DHL has leased 100 pct of the space in a recently-completed building at ProLogis Park Prague-Jirny, a master-planned industrial park located approximately 20 kilometres east of Prague, along the D11 motorway. DHL now leases more than 1m square feet at the park; earlier this year the company signed new agreements for two other recently-completed buildings at the park comprising 642,000 square feet (59,700 square metres).

ProLogis Park Prague-Jirny consists of six buildings totalling more than 2m square feet (192,200 square metres) of modern warehouse and office space. In addition to DHL, GLOBUS, a German retailer and hypermarket chain owner, leases 323,000 square feet (30,000 square metres) at the park.

As of September 30, 2007, ProLogis’ platform in Central and Eastern Europe totalled more than 29m square feet (2.7m square metres) of industrial space owned, managed or under development, in the Czech Republic, Hungary, Poland, Romania and Slovakia.

DHL currently leases more than 2.65m square feet (246,300 square metres) from ProLogis in Central and Eastern Europe.

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