28,300 Square Metre Speculative Facility in Prague Fully Leased Just Weeks After Start of Construction Prague (5 March, 2018) Prologis, Inc., the global leader in logistics real estate, today announced it has already fully leased its new 28,300 square metre speculative facility now under construction at Prologis Park Prague-Uzice in the Czech Republic. Construction of Building 3 began in January 2018 and was launched due to high demand for space at the fully occupied park. The leases include: * 14,175 square metres of additional space to Stavebniny DEK, a leading Czech building materials supplier. The company already occupies 6,968 square metres in Building 2. * 13,974 square metres to FIEGE, a leading Germany-based logistics company, resulting in a near doubling of its leased space in the park. The transaction was facilitated by 108 AGENCY. “To lease this speculative development so soon after the start of construction shows just how high demand is for facilities in an area that is rapidly becoming a new logistics hot spot in the Greater Prague region,” says Martin Baláž, director of leasing and development, Prologis Czech Republic and Slovakia. Prologis Park Prague-Uzice is a modern logistics park located on the D8 highway, 9 kilometres north of Prague leading to Germany. The park currently comprises two state-of-the-art logistics facilities totalling 97,800 square metres and has additional development potential of 40,850 square metres. As is customary for all new Prologis facilities in Central and Eastern Europe, the building will be submitted for BREEAM accreditation upon its completion in mid-2018. Prologis is a leading provider of distribution facilities in the Czech Republic with more than 1 million square metres of logistics and industrial space (as of 31 December 2017). About Prologis Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 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 5,000 customers across two major categories: business-to-business and retail/online fulfillment. 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All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, development activity, contribution and disposition activity, general conditions in the geographic areas where we operate, our debt, capital structure and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures — are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic and political climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust status, tax structuring and changes in 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, (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 except as may be required by law. Media Contacts Marta Tęsiorowska Vice President, Head of Marketing & Communications Europe, Prologis +48 22 218 36 56, mtesiorowska@prologis.com Anna Szarek Account Manager, ConTrust Communication +48 501 121 711; a.szarek@contrust.pl