Cristian Oller Named Country Manager for Prologis Spain

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Madrid, 28 October 2019

Prologis, Inc., the global leader in real estate logistics, today announced the appointment of Cristian Oller as country manager for Prologis Spain. 

Oller joined Prologis as a project manager in 2007 and in 2016 was promoted to head of management, Capital Deployment, in Spain. With more than 20 years of experience in the real estate industry, Oller has broad experience in leading projects as well as extensive know-how of Prologis’ operations, making him well-suited to guide the company’s Spanish portfolio. He has an industrial engineering degree and an MsC from the Polytechnic University of Catalonia and has been a certified RICS member since 2012. 

“Cristian’s promotion will open new doors as we move forward with our customer-centric approach of building lasting partnerships and creating value-add initiatives beyond our core product. He has a perfect understanding of the company's culture and a high aptitude for meeting customer needs in the Spanish market,” said Ben Bannatyne, president, Prologis Europe. 

Oller, who will replace Gustavo Cardozo following Cardozo’s personal decision to leave the company, said, “I am looking forward to focusing on Prologis’ growth in its three core markets of Barcelona, Madrid and Valencia, and working closely with our customers and helping them to stay ahead of what’s next.” 

As of 30 September 2019, Prologis owned and managed more than 1 million square meters of logistics space in Spain. 

ABOUT PROLOGIS 

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of September 30, 2019, 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 797 million square feet (74 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,100 customers principally across two major categories: business-to-business and retail/online fulfilment. 

FORWARD-LOOKING STATEMENTS 

The statements in this document 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 we operate as well as management’s beliefs and assumptions. Such statements involve uncertainties that could significantly impact our financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and 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, 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 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 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 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 us under the heading “Risk Factors.” We undertake no duty to update any forward-looking statements appearing in this document. 

Prologis 

Nathalie Triolet Email: [email protected] Tel: +33 (0)1 48 14 54 51