Fiege Grows into Remaining Space at Prologis Park Hegyeshalom

BUDAPEST – 20 March, 2013 – Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced that Fiege, one of Europe’s leading logistics providers has renewed its 8,300 square metre lease in DC1 at Prologis Park Hegyeshalom, and expanded by another 3,100 square metres, taking all remaining developed space in the facility.

Gergely Hepp, managing officer for Fiege in Hungary said: “Specializing in integrated supply chain solutions for several different industries, the complex services we provide has generated more business opportunities with new customers. Being pleased with our facility at Prologis Park Hegyeshalom, we have decided to expand our lease, since this high quality, strategically located facility fulfils our specific requirements. We found Prologis’ professional customer management team and their flexible approach very helpful.”

“We are delighted to continue serving Fiege—a repeat customer across Europe—at Prologis Park Hegyeshalom,” said László Kemenes, vice president and market officer for Prologis in Hungary. “Hegyeshalom, our only Hungarian development outside the greater Budapest area, is becoming an increasingly important strategic hub for our customers’ regional logistics activity, with easy reach to three markets - Austria, Hungary and Slovakia. Now boasting 100% occupancy, the park is proving to be a strategic success.”