Prologis is to develop the third built-to-suit facility at its park in the Polish city of Wroclaw in less than 24 months.
Prologis is to develop the third built-to-suit facility at its park in the Polish city of Wroclaw in less than 24 months.
The global industrial property specialist plans to build an 18,300 m2 property for Tradis, part of the Eurocash Group, at Prologis Park Wroclaw V.
Ewa Zawadzka, business development director, Prologis Poland, said: 'As the third BTS in less than two years, the transaction further highlights the strategic importance of Prologis Park Wroclaw V as a key logistics location, while sending a positive signal to the wider Polish market.'
In the first quarter of 2012, Prologis delivered a 19,100 m2 BTS facility to UPM Raflatac, a provider of self-adhesive label materials. More recently in the fourth quarter of 2012, it signed an agreement to construct a 17,800 m2 BTS facility for a wholesale and retail supplier of white goods and electronic equipment.
Set on 70 hectares of land, Prologis Park Wroclaw V offers significant development opportunity, with total potential distribution space of up to 290,000 m2.
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