ProLogis Announces Build-to-Suit in China and Lease in Poland for L'Oreal.

PR Newswire Europe, April, 2005

SHANGHAI, China and WARSAW, Poland, April 5 /PRNewswire/ -- ProLogis (NYSE: PLD), a leading global provider of distribution facilities and services, today announced that it is developing a build-to-suit distribution facility in Suzhou, China and has leased distribution space in Warsaw, Poland to L'Oreal for a total of 329,540 square feet (30,615 m2). L'Oreal, based in France, is the world's largest cosmetics company.

(Logo: http://www.newscom.com/cgi-bin/prnh/19990420/PROLOGIS )

L'Oreal China, Co., Ltd. will lease 173,074 square feet (16,079 m2) of space at ProLogis Park Suzhou, which is located in Suzhou Industrial Park in eastern Suzhou City, approximately 60 minutes northwest of Shanghai. ProLogis Park Suzhou has exclusive development rights...

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