"Prologis 2023-2024 Earnings Report: Profit Rises, Occupancy Holds Steady"

Prologis, a global leader in logistics real estate, reported its fourth quarter and full year 2023 results, with net earnings per diluted share at $0.68 for the fourth quarter and $3.29 for the full year. The company expects a strong 2024 and projects over 9.0% Core FFO growth, excluding promotes, and 8.5% Cash Same Store NOI growth. Prologis also highlighted its balance sheet strength and liquidity, with debt as a percentage of total market capitalization at 20.5% and a weighted average interest rate on its share of total debt at 3.0%. The company's 2024 guidance includes potential gains recognized from real estate transactions and outlines its strategic capital, G&A, and capital deployment plans.