Prologis Completes 13,700 Square Meter Build-to- Suit for DB Schenker in Italy

Bologna (4, September 2017) – Prologis, Inc., the global leader in logistics real estate, today announced the completion of a 13,700 square meter build-to-suit (BTS) facility for international freight forwarder DB Schenker at Interporto Bologna in Italy.

The modern Class-A facility features 11,100 square meters of logistics and distribution space, 2,600 square meters of office accommodation and a 22,000 square meter external service area. The building has a “Very Good” BREEAM rating and includes the following features:

  • laminated timber ceiling beams that span 42 meters without supporting pillars, offering a 7,200 square meter pillar-free area
  • Energy-efficient LED lighting fitted to the beams
  • rainwater capturing systems
  • the latest smart metering technology, providing advanced energy use monitoring and analytics that allow the customer to optimize building usage with a view toward reducing energy costs.

"We are proud to have returned to the development market in Italy with this Class-A building for a prestigious customer. I am also pleased by the collaborative spirit created among the different teams working on the project – Prologis, DB Schenker and Engineering 2 K, the contractor. We have worked together toward a simple goal: deliver the new facility on time and on budget,” said Sandro Innocenti, senior vice president, country manager, Prologis Italia.

"We relied on Prologis, knowing that we could count on a partner who is a worldwide leading company in real estate logistics. Furthermore, Prologis is committed, like we are, to sustainable development and can offer extensive experience in building quality facilities with a high-level energy efficiency. The delivery of the new premises as scheduled will allow us to complete our facility in line with our plans and will enable us to offer our customers an increasingly competitive and efficient service,” said Federico Girgenti, Chief Executive Officer of Schenker Italiana.

Prologis is currently the largest operator at Bologna Interporto, where it owns and manages 14 buildings totaling approximately 200,000 square meters. Bologna Interporto, located north of Bologna, is one of the

largest intermodal (rail/road) logistics platforms in Europe. It is two kilometers from the A13 highway, which connects Bologna and Padua.

Prologis owns and manages approximately 990,000 square meters of distribution space in Italy as of June 30, 2017.

The facility was built turnkey by general contractor Engineering 2K.

About Prologis

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2017, the company owned or had investments in, on a wholly owned basis or through co- investment ventures, properties and development projects expected to total approximately 684 million square feet (64 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,200 customers across two major categories: business-to-business and retail/online fulfillment.

 

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dispositions and development of properties, (v) maintenance of real estate investment trust status, tax structuring and income tax rates (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments in our co-investment ventures, including our ability to establish new co-investment ventures and funds, (viii) risks of doing business internationally, including currency risks, (ix) environmental uncertainties, including risks of natural disasters, and (x) those additional factors discussed in reports filed with the Securities and Exchange Commission by us under the heading “Risk Factors.” We undertake no duty to update any forward- looking statements appearing in this document.

 

Media:

Prologis
Nathalie Triolet, Tel: +33 1 48 14 54 01, Email: [email protected]

TT&A
Patrick Tancu, Tel: 02 58 45 701, Email: [email protected]

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