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ProLogis ChinaProLogis China

-ProLogis Park Northwest-ProLogis Park Northwest

-ProLogis Park Suzhou-ProLogis Park Suzhou

May , 2006

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ProLogis Park NorthwestProLogis Park Northwest

• Site Area: 180,000 sqm• GFA: 80,400 sqm (865,425 sf)

ProLogis Park Northwest is strategically located in the Shanghai Northwest Logistics Development Zone. The zone is close to the Outer Ring Road as well as major expressways leading from Shanghai to the other areas of China, including 204 and 312 national roads, Hujia and Huning expressways.

• One of three logistics hubs designated by Shanghai Municipal government

• Relatively close to downtown and major Shanghai expressways

• Two roads connect to Outer Ring Road

• In an area with over 100,000 sqm of distribution facilities serving Schneider, Carrefour, Hymall, Hualian, the Tobacco Group, the Pharmaceuticals Group and several other major companies.

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Project Outline

ProLogis Park Northwest (Phase I) ProLogis Park Northwest (Phase I) - - Inventory & BTSInventory & BTS

Project Name: ProLogis Park Northwest (I)Location: Northwest Logistics

Development Zone, Shanghai Site Area: 106,000 sqm (1.1 msf)GFA: 48,400 sqm (521,000 sf)Leased: 100%Customer: Yum!, Huier, NYK, Menlo

Phase IIPhase I

Built to Suit for YUM!

Built to Suit for YUM!

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Project Outline

ProLogis Park Northwest (Phase II) ProLogis Park Northwest (Phase II) - Inventory- Inventory

Project Name: ProLogis Park Northwest (Phase II)

Location: Northwest Logistics Development Zone, Shanghai

Site Area: 74,000 sqm (0.8 msf)GFA: 32,000 sqm (344,450 sf)Pre-Leased: 33% Customers: Bright DairyConstruction: Feb 2006 – Late 2006

Phase IIPhase I

Built to Suit for YUM!

Built to Suit for YUM!

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ProLogis Park Northwest ProLogis Park Northwest - Clients- Clients

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ProLogis Park NorthwestProLogis Park Northwest

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4

3

2

1

632,420/58,753 Total

3PL24,082/2,237 Menlo

65,358/6,072

Swire

F o od

113,412/10,536Bright Dairy

3PL115,390/10,720Huier Logistics

Restaurant Chain134,015/12,450Yum

Type of Business

Leased Area(sf/sm)Customer Name

3PL

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NYK 65,360/6,073

3PL

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MOL

49,443/4,593 3PL

7 Wurth 33,552/3,117 Other

8 UPS 31,808/2,955 3PL

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Geographic Location - SuzhouGeographic Location - Suzhou

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Suzhou & Suzhou Industrial ParkSuzhou & Suzhou Industrial Park

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Suzhou Macro Economy

6,340.50

1,649.00

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Shanghai Suzhou

Area

Million

13.6

6.06

0

2

4

6

8

10

12

14

Shanghai Suzhou

Population

Million

[Data Source: Shanghai Stats 2005 & Suzhou Stats 2005]

Square kilometer

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Suzhou Macro Economy

91.44

40.27

0

10

20

30

40

50

60

70

80

90

100

Shanghai Suzhou

GDP

10 RMB Billion

6.85

6.005

5

6

6

6

6

6

7

7

7

Shanghai Suzhou

FDI

US$ Billion

[Data Source: Shanghai Stats 2005 & Suzhou Stats 2005]

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Suzhou Macro Economy

90.742

70

010

20

30

40

5060

70

80

90

100

Shanghai Suzhou

Export

95.623

70

0

10

20

30

40

50

60

70

80

90

100

Shanghai Suzhou

Import

US$ BillionUS$ Billion

[Data Source: Shanghai Stats 2005 & Suzhou Stats 2005]

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ProLogis Park Suzhou ProLogis Park Suzhou ManufacturingManufacturing

Suzhou facts

• Located 60 minutes northwest of Shanghai

• Population of more than 6.06 million

• Ranked highest in FDI and in top 5 China cities for GDP and export growth

• 107 of the Fortune 500 have investments in Suzhou

Suzhou Industrial Park• Total planning area of 260 sq km with over 120,000 employees

• Top 3 industrial zones with fastest growth in China

• Annual economic growth rate ~ 40%

• Attracted total FDI over $10.28 billion by the end of 2005

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ProLogis Park Suzhou ProLogis Park Suzhou Location Location

Residential

Commercial

Industrial

Greenery

Highway Exit

Shanghai-Nanjing Highway

Airport Highway to Hongqiao Airport

Suzhou-Hangzhou Highway

Highway Exit

Highway Exit

Modern Boulevard State Rd. 312

City Subway

Circular City Highway

Shanghai-Beijing Railway

ProLogisProLogis

ParkPark

SuzhouSuzhou

ProLogisProLogis

ParkPark

SuzhouSuzhou

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Project Outline

ProLogis Park SuzhouProLogis Park Suzhou- Acquisition & Development- Acquisition & Development

Project Name: ProLogis Park SuzhouLocation: Suzhou Industrial Zone, SuzhouSite Area: 636,200 sqm (6.8 msf)GFA: 229,700 sqm (2.5 msf)Leased: 89%Customer: Samsung, L’Oreal, Adidas,

Nokia, UPS, Yokogawa, KWE

Phase I Acquisition

Phase IIAcquisition

Phase IIIDevelopment

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Project Outline

ProLogis Park Suzhou (Phase IV) ProLogis Park Suzhou (Phase IV) - Inventory - Inventory

Project Name: ProLogis Park Suzhou (Phase IV)Location: Suzhou Industrial Zone, SuzhouSite Area: 92,000 sqm (990,300 sf)GFA: 44,000 sqm (473,600 sf)Construction: Jan 2006 – Mid-2006

BTS for BTS for AdidasAdidas

Phase I Acquisition

Phase IIAcquisition

Phase IIIDevelopment

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Project Outline

ProLogis Park Suzhou (adidas) ProLogis Park Suzhou (adidas) - Build to Suit - Build to Suit

Project Name: ProLogis Park Suzhou (Adidas)Location: Suzhou Industrial Zone, SuzhouSite Area: 140,000 sqm (1.5 msf)GFA: 61,000 sqm (656,600 sf)Pre-Lease: 100% (Adidas) Construction: Jan 2006 – Mid-2006

BTS for BTS for AdidasAdidas

Phase I Acquisition

Phase IIAcquisition

Phase IIIDevelopment

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ProLogis Park SuzhouProLogis Park Suzhou- Clients- Clients

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www.prologis.com.cn

Address: F a c i l i t i e

s

G l o b a l

S t r a t e g i c

Fax number:

2708 Azia Center1233 LuJiaZui Ring Road，Pudong, Shanghai 200121

+8621 61053999Phone number:

+8621 61053900