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Prologis

All articles tagged with #prologis

business3 months ago

Prologis Surges Ahead with Record Leasing and Upbeat Outlook

Prologis reported a record 62 million square feet of lease signings in Q3 2025, with strong operational metrics and expansion into data centers, supported by a solid pipeline and limited new supply. The company issued $2.3 billion in debt, maintained a strong liquidity position, and raised its earnings guidance for 2025, reflecting confidence in continued growth.

business3 months ago

Prologis, Amazon, and Meta Join Forces for Low-Carbon Concrete Initiative

Prologis, Amazon, and Meta have joined the Sustainable Concrete Buyers Alliance (SCoBA) to promote low-carbon concrete, aiming to address the significant greenhouse gas emissions from cement production by leveraging collective purchasing power and innovative demand mechanisms like book-and-claim to support decarbonization and scale sustainable solutions.

finance2 years ago

"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.

business2 years ago

Prologis Surpasses Q3 Expectations, Boosts 2023 Guidance

Prologis, the global leader in logistics real estate, reported its third-quarter results for 2023. Net earnings per diluted share decreased compared to the same period last year, while core funds from operations (Core FFO) per diluted share increased. The company highlighted the strong execution by its team and the quality of its global portfolio. Prologis remains focused on capturing lease mark-to-market, building its land bank, and addressing customer needs. The company also emphasized its strong balance sheet and liquidity.

business2 years ago

Prologis Acquires $3.1B Blackstone Industrial Portfolio in Year's Largest Deal.

Prologis is set to acquire nearly 14 million square feet of industrial properties from Blackstone for $3.1 billion, expanding its presence in key markets across the US. The deal expands Prologis' relationship with 50 existing customers and adds 77 new customers. The transaction is expected to close by the end of the second quarter.

real-estate-investment-trusts-reits2 years ago

Regency Centers' Acquisition of Urstadt Biddle Properties Sends Shockwaves Through Retail REIT Market

The article compares two blue-chip REITs, Realty Income and Prologis, which operate in different sectors but are leaders in their respective spaces. While Prologis beats Realty Income on growth and debt metrics, Realty Income has a higher yield and a better dividend track record. Both companies have conservative debt levels and sound payout ratios. The author suggests owning both as they would complement each other in a portfolio. The article also notes the trend of consolidation within the REIT sector, driven by larger well-capitalized REITs pursuing M&A.