Prologis, Inc.
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SAN FRANCISCO, Feb. 27, 2025 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced that Hamid Moghadam, co-founder, chairman and CEO; Dan Letter, president; and Tim Arndt, chief financial officer, will participate in the Citi 2025 Global Property CEO Conference at The Diplomat Beach Resort in Hollywood, Florida.
Moghadam, Letter and Arndt will give a company overview, including a discussion of market conditions and the company's future outlook, followed by an informal question-and-answer session on Monday, March 3, at 11:00 a.m. ET.
SAN FRANCISCO, Feb. 20, 2025 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) today approved a plan to raise the company's annualized dividend by 5% to $4.04 per share of common stock.
The board declared a regular cash dividend for the quarter ending March 31, 2025, on the following securities:
A dividend of $1.01 per share of the company's common stock, payable on March 31, 2025, to common stockholders of record at the close of business on March 18, 2025; andA dividend of $1.0675 per share of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, payable on March 31, 2025, to Series Q stockholders of record at the close of business on March 18, 2025.Strong uptick in leasing activity post-election
SAN FRANCISCO, Jan. 21, 2025 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the following results for the quarter and fiscal year ended December 31, 2024, as compared to the corresponding periods in 2023:
4Q24
Net earnings per diluted share was $1.37 and increased 101.5%, due to higher gains and promotes.Core funds from operations (Core FFO)* per diluted share was $1.50 and increased 19.0%.Core FFO, excluding Net Promote Income (Expense)* per diluted share was $1.42 and increased 10.1%.SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss fourth quarter results, current market conditions and future outlook on Tuesday, January 21, 2025, at 9:00 a.m. PT/12:00 p.m. ET.
To access a live broadcast of the call, please dial +1 (877) 897-2615 (toll-free from the United States and Canada) or +1 (201) 689-8514 (from all other countries). A live webcast can be accessed from the Investor Relations section of www.prologis.com.
Prologis and Skybox Datacenters Sell High-Capacity Data Center
SAN FRANCISCO, Dec. 11, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced it has sold a data center development in its Chicago market to HMC Capital (ASX: HMC). Prologis, in partnership with Skybox Datacenters, is converting one of its warehouses into a high-capacity, turnkey data center with a marketed capacity of 32 megawatts (MW).
Warehouse conversions and ground-up development are the keys to the company's data center strategy. This warehouse is held in the U.S. Logistics Fund (USLF), a Prologis co-investment vehicle focused on premier logistics real estate, including higher and better use conversions.
SAN FRANCISCO, Dec. 4, 2024 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending December 31, 2024, on the following securities:
A dividend of $0.96 per share of the company's common stock, payable on December 31, 2024, to common stockholders of record at the close of business on December 16, 2024; andA dividend of $1.0675 per share of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, payable on December 31, 2024, to Series Q stockholders of record at the close of business on December 16, 2024.Ongoing flight to quality within the industry
SAN FRANCISCO, Oct. 16, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the following results for the quarter ended September 30, 2024, as compared to the corresponding period in 2023:
Net earnings per diluted share was $1.08 and increased 35.0%, primarily due to higher disposition gains.Core funds from operations (Core FFO)* per diluted share was $1.43 and increased 10.0%.Core FFO, excluding Net Promote Income (Expense)* per diluted share was $1.45 and increased 9.0%.Event also featured Former Prime Minister Sir Tony Blair and Survival Expert Bear Grylls
LONDON, Oct. 2, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today hosted its fourth annual GROUNDBREAKERS thought leadership forum in London. GROUNDBREAKERS 2024 featured trailblazers including FedEx Chairman Fred Smith, former UK Prime Minister Sir Tony Blair and Survival Expert Bear Grylls.
Prologis Co-founder, Chairman and CEO Hamid R. Moghadam was joined by FedEx Founder and Executive Chairman Fred Smith for the event's opening keynote. The two founders discussed technology's influence on geo-economic trends and how their companies are integrating artificial intelligence (AI).
New Survey Reveals Growing Executive Focus on Sustainability, Automation, and AI in Supply Chains
SAN FRANCISCO, Oct. 1, 2024 /PRNewswire/ -- The 2025 Prologis Global Supply Chain Outlook report reveals that business leaders across multiple sectors are preparing for what experts are now calling a 'polycrisis'—a convergence of economic instability, fluctuating customer demands and pressing climate challenges. Conducted by The Harris Poll, this exclusive annual survey of more than 1,000 business executives in the U.S., U.K. and Germany underscores the critical need for nimbleness and resilience as companies navigate mounting challenges.
SAN FRANCISCO, Sept. 30, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, is marking the 20th anniversary of its U.S. Logistics Fund (USLF), one of its private flagship investment funds, with an assets under management (AUM) of $24 billion. Since its launch in 2004, USLF has delivered consistent, high returns while playing a key role in driving the growth and modernization of logistics investments across the United States. Prologis is a co-investor in its Strategic Capital funds, including USLF, which strongly aligns its interests with the USLF investors.
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