Since the end of the Cold War, the Czech Republic has modernized and become tightly integrated with the economy of Europe, especially Germany’s. Modern road networks connect Prague to eastern and southern Germany. Accordingly, the Prague area is the largest logistics and distribution hub in the Czech Republic and the second largest in Central and Eastern Europe.
Prague’s economy revolves around services, including tourism, banking and information technology, which together comprise about 80 percent of the city’s employment. Consumption, e-commerce and rising volumes of trade are all boosting demand for distribution and logistics facilities. Prague is also home to pharmaceuticals and information technology products manufacturers.
Prologis has available warehouses in Prague and operates industrial properties throughout the Prague region.