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Prologis to develop 6th investment in Prologis Park Wrocław V

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Prologis to develop 6th investment in Prologis Park Wrocław V

Prologis, industrial real estate developer will construct a speculative facility totaling 18,500 sqm at Prologis Park Wroclaw V.  The project is scheduled for completion in the third quarter of the year.

The facility is the sixth scheme to be built at the Prologis Park Wroclaw V industrial park and Prologis’ 22nd in the Lower Silesia market.  The level of occupancy in the existing portfolio of 21 facilities is 99 percent.

"High demand combined with one of the lowest vacancy rates in Poland has motivated us to continue investing in the Wroclaw market," said Paweł Sapek, Prologis senior vice president and country manager for Poland.

Prologis Park Wroclaw V consists of four build-to-suit facilities totaling more than 90,000 sqm and one 27,000 sqm speculative building. It offers 141,500 sqm of additional development potential.

 

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