Select your language EN PL HU CS SK Breadcrumb Home About Us History History As the world’s foremost industrial real estate company, we have been leading the way for more than 30 years. Learn the story of our past to understand how we are building a prosperous and sustainable future. 1980s 1990s 2000s 2010s 2020s 1983 Douglas Abbey, Hamid Moghadam and T. Robert Burke (joined in 1984) found AMB Property Corporation, focusing on investments in office, industrial and community shopping centres on behalf of major institutional investors. 1987 AMB refines its investment strategy by exiting office markets and focusing on industrial and shopping centres in infill trade areas. 1991 The company that is to become ProLogis is incorporated as Security Capital Industrial Trust (SCI). 1994 SCI makes its initial public offering on the New York Stock Exchange. 1996 SCI expands outside the United States for the first time with acquisitions in Mexico. 1997 AMB closes its initial public offering, with more than $2.8 billion under management. 1997 The company establishes its first European office in Amsterdam. 1997 ProLogis establishes CEE office in Warsaw. 1998 ProLogis acquires Warsaw Industrial Center- first industrial park acquisition in the CEE (39,000 square meters). 1998 SCI officially changes its name to ProLogis. The company acquires Meridian Industrial Trust for $1.5 billion. 1999 AMB exits community shopping centre investments to focus on industrial properties in targeted markets. 1999 ProLogis forms its first property fund, ProLogis California ($556 million), and the ProLogis European Property Fund. 1999 ProLogis delivers its first building in Poland, totaling 17,200 square meters, at ProLogis Park Błonie. 2001 ProLogis announces its entry into the Japan market. 2002 AMB launches its international expansion program focused on trade-centric locations in Mexico, Europe and Asia. 2002 ProLogis delivers its first building in Hungary, a 20,700 square meter facility at ProLogis Park Budapest-Gyal. 2002 ProLogis enters the Czech market through the acquisition of the D1 Logistics Park West and East (120,000 square meters). 2002 ProLogis delivers a build-to-suit for Coca-Cola and enters the Poznań market. 2002 ProLogis forms the ProLogis Japan Properties Fund ($1 billion) with the Government of Singapore Real Estate. 2003 ProLogis is added to the S&P 500. The company announces its entry into the China market. 2003 ProLogis delivers a 40,000 square meter build-to-suit project for Unilever at Prologis Park Piotrków. 2004 AMB forms the REIT industry’s first open-end commingled fund—AMB Institutional Alliance Fund III. It also establishes new business lines, including direct development and additional private capital products. 2004 ProLogis acquires Keystone Industrial Trust for $1.5 billion. The company forms its first joint venture in China with Suzhou Logistics Centre Co. Ltd. 2005 ProLogis enters the Wrocław market with an 18,700 square meter development. 2006 ProLogis becomes a FORTUNE 1000 company. The ProLogis European Properties Fund completes its initial public offering on the Euronext exchange in Amsterdam. 2006 ProLogis' Central and Eastern Europe portfolio reaches 1,000,000 square meters 2007 Prologis makes a major industrial portfolio acquisition in the CEE consisting of 520,000 square meters of existing space, 420,000 square meters under construction and land allowing for 480,000 square meters of development. 2007 Prologis' Central and Eastern Europe portfolio exceeds 2 million square meters. 2007 ProLogis releases the real estate industry’s first annual sustainability report. 2008 ProLogis is the first developer to enter the Szczecin market with a 41,000 square meter development. 2008 ProLogis' Central and Eastern Europe portfolio hits 3 million square meters. 2009 AMB completes an equity offering, fortifying its balance sheet and securing projected capital needs through 2012. 2009 ProLogis delivers an 89,000 square meter facility in Chorzów. 2010 AMB forms Mexico Fondo Logistico, the first of its kind industrial venture for Mexican pension funds (AFORES). 2011 ProLogis closes the sale on a majority of Catellus retail and mixed-use assets to affiliates of TPG Capital (TPG) for $353 million, including rights to the Catellus name. 2011 AMB forms a €470 million joint venture with Allianz Real Estate, marking Allianz Real Estate’s largest joint venture and biggest foray into the logistics real estate industry. 2011 ProLogis and AMB complete a merger of equals to create the pre-eminent global industrial real estate company, with more than $40 billion of assets under management and a platform of logistics and distribution facilities on 4 continents. 2012 Prologis Park Sochaczew wins Warehouse of the Year at the Eurobuild awards gala. 2012 Prologis assumes 100 percent control of Prologis European Properties (PEPR) ahead of schedule, thus liquidating the fund. Assets received include 210 facilities covering 48.4 million square metres (4.5 ) across 11 countries. 2013 Prologis Park Sochaczew wins Warehouse of the Year for the second year in a row at the Eurobuild awards gala. 2013 Nippon Prologis REIT, Inc. (NPR), a Japanese real estate investment trust, successfully completes its initial public offering on the Tokyo Stock Exchange. NPR provides investors a unique investment opportunity and further positions Prologis for sustained growth in Japan. 2013 Prologis European Logistics Partners Sarl, a joint venture with Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global, closes with an initial acquisition of 195 Class-A properties comprising 49 million square metres (4.5 million square metres). 2014 Prologis completes its IPO for FIBRA Prologis, the first IPO for a FIBRA in Latin America in 2014. FIBRA Prologis comprises approximately 30 million square metres (2.8 million square metres) across six markets in Mexico. 2014 Prologis' Central and Eastern Europe portfolio reaches 4 million square meters. 2014 Prologis opens the first small business facility in the Lower Silesia market at Prologis Park Wrocław III. 2014 Prologis is named Industrial Developer of the Year 2013 at the Central & Eastern European Real Estate Quality Awards gala. 2014 Prologis acquires a 16,000 square meter facility in the highly coveted Prague D1 Zone (renamed Prologis Park Prague D1 West II). 2014 Prologis acquires R6 Logistics Park from Skanska and 33 hectares of land (renamed Prologis Park Prague-Airport). 2014 Prologis acquires two buildings from Invesco Real Estate in Gliwice and Ullo, totaling 94,200 square meters. 2014 Prologis acquires the Heitman portfolio, totaling 230,000 square meters, 23 Class-A facilities in the Czech Republic, Slovakia and Poland. 2014 Prologis acquires 50,000 square meters in Poland from Invesco Real Estate. 2015 Prologis Acquires M1 Business Park in Hungary from CA Immo and Union Investment. Renamed Prologis Park Budapest M1, the park comprises five facilities, totaling 69,105 square meters. 2015 Prologis completes the acquisition of the real estate assets and operating platform of KTR Capital Partners (KTR) and its affiliates for a total purchase price of $5.9 billion. 2016 Prologis opens its second small business facility at Prologis Park Chorzów. 2016 Prologis is named Warehouse Developer of the Year, CEE and Best Warehouse Manager of the Year, Poland at the Eurobuild Central and Eastern Europe awards gala. 2016 S&P Global Ratings raises Prologis, Inc.'s rating to A- from BBB+, citing its diversified real estate portfolio and potential for rent growth. 2016 Prologis achieves a record-breaking occupancy rate of 96.4 percent 2016 Moody's Investors Service (Moody's) upgrades Prologis, L.P.'s senior unsecured rating to A3 from Baa1. The rating service also upgrades ratings on Prologis’ preferred stock to Baa1 from Baa2. 2017 Prologis Park Budapest-Sziget Dc6 becomes the first building to receive “Good” accreditation within the new BREEAM guidelines in Hungary 2017 Prologis acquires M0 Central Business Park in Hungary. The two facilities, totaling 31,443 square meters, become part of Prologis Park Budapest-Sziget. 2017 Prologis Park Prague-Rudna DC18 becomes the first logistics facility in the Czech Republic and only the second such building in Central and Eastern Europe to receive BREEAM “Outstanding” accreditation, the highest rating. 2017 Prologis partners with Plug and Play to support startups in the supply chain and logistics sector. Footer social links Facebook LinkedIn Twitter Footer For Colleagues Privacy Policy Terms of Use © 2020 Prologis, Inc. All rights reserved.