Prologis Wins SIATI Gold Trophy for the Best Investment Strategy in Logistics Real Estate
Paris (22 November 2016) – Prologis Inc., the global leader in logistics real estate, today announced it has been awarded a gold trophy for Best Investment Strategy in Logistics Real Estate by SIATI (Sommet Infrastructures, Aménagement du Territoire & Immobilier).
For the second consecutive year, the SIATI awards, organised by Leaders League, invited 100 renowned French personalities and major international companies to compete for the award in their category. The jury, composed of more than 50 market leaders, judged the companies for their activities between 2013-2016 and selected them according to the following criteria: performance and evolution, quality and diversity of the projects, innovation, CSR and sustainable approach. This year, Prologis was one of the 16 companies rewarded.
CSR approach: at the heart of Prologis’ strategy In terms of the environment, Prologis focuses its commitment around several themes: minimise environmental impact and operating costs, ensure infrastructure and supply chain’s quality, fight proactively against climate change and develop sustainable warehouses in key markets in strategic locations to help customers reduce their carbon footprint. The integration of logistics parks with their environment constitutes a true challenge for Prologis, which is committed to being the sustainability leader in logistics real estate. The use of materials such as wood, composite panels, glue-laminated framework, solar panels and rainwater systems and the provision of more green spaces are testament to its sustainability commitment.
Prologis’ engagement: experiments in innovative systems As part of its ISO 14001 certification, Prologis commits to having an environmental certification (HQE, LEED) or BREEAM accreditation for each new building. Environmental Quality is an approach aimed to reduce the short and long-term environmental impacts of building construction or rehabilitation, while ensuring the occupants’ healthy and comfortable working conditions. Tomorrow’s goals: more energy efficient buildings, less waste and environmental nuisance. Consequently, Prologis favours techniques such as recovery containers and solar boilers and ensures specific ventilation for offices as well as a good isolation to avoid air conditioning.
Result: innovative projects at Vémars, Moissy and Isle d’Abeau In Vémars, Prologis installed an original and innovative approach named Dynamic Thermal Simulation (DTS). DTS identifies and quantifies the impact of different energy leakages (thermal bridges, infiltration, ventilation) in order to approve concepts and technical solutions. A reduction of more than 25% compared to a new building with standard market criteria has been realised. At Prologis Park Moissy 2, Prologis implemented an innovative storm water management. Goal: manage each unit of rainwater coming from rooftops and roadworks in order to reduce flood risks and limit pollution due to uncontrolled discharges. In a building at Isle d’Abeau, Prologis developed for the first time an innovative approach focused on the “Smart Building” process. Goal: reduce carbon footprint of logistics activity.
“We are proud of this award, which is the recognition of our investment strategy in a sustainable approach,” declared Cécile Tricault, country manager, Prologis France.
“Because we are the leader in our sector, we must set an example by contributing to new world’s challenges, while creating a positive impact on the planet. Prologis aims to become a company which gives more than it takes, a company where colleagues are engaged in delivering value-creating solutions for our business, shareholders, colleagues, customers, and overall for the planet. », declared François Rispe, managing director, Prologis Southern Europe.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of September 30, 2016, the company owned or had investments in, on a wholly owned basis or through coinvestment ventures, properties and development projects expected to total approximately 665 million square feet (62 million square meters) in 20 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.
The statements in this release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which Prologis operates, management’s beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact Prologis’ financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. 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 and changes in sales or contribution volume of properties, disposition activity, general conditions in the geographic areas where we operate, our debt 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 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 (“REIT”) status and tax structuring, (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 and funds, 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 Prologis under the heading “Risk Factors.” Prologis undertakes no duty to update any forward-looking statements appearing in this release.
Prologis: Nathalie Triolet, Tél : +33 1 48 14 54 51, [email protected], Paris
Agence Dehais: Michelle Kamar, Tél : +33 1 53 53 36 84, [email protected], Paris