Welcome to our dedicated page for Prologis news (Ticker: PLD), a resource for investors and traders seeking the latest updates and insights on Prologis stock.
Prologis, Inc. operates as a global logistics real estate REIT with industrial and distribution facilities, build-to-suit development activity, and a Strategic Capital asset management business for institutional partners. Company news commonly covers leasing trends, Core FFO and earnings results, development starts, customer demand across logistics markets, and expansion of adjacent infrastructure such as data center, solar and energy storage portfolios.
Recurring updates also include dividends on common stock and Series Q preferred stock, Strategic Capital joint ventures, capital allocation commentary, management presentations, and market outlook commentary tied to logistics real estate and supply-chain infrastructure.
Prologis (NYSE: PLD) priced an underwritten public offering of 15,000,000 common shares, expected to generate approximately $2.1 billion in gross proceeds before expenses. The offering is expected to close on August 5, 2026, subject to customary closing conditions, with J.P. Morgan and BofA Securities as underwriters.
Prologis granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares to cover overallotments. According to Prologis, net proceeds will be contributed to its operating partnership for general corporate purposes, including potential acquisitions such as SEGRO plc, although completion of any SEGRO combination is not assured.
Prologis (NYSE: PLD) has commenced an underwritten public offering of 15,000,000 shares of its common stock, with J.P. Morgan and BofA Securities acting as underwriters. Prologis expects to grant the underwriters a 30‑day option to purchase up to 2,250,000 additional shares solely to cover overallotments.
According to Prologis, net proceeds will be contributed to its operating partnership for general corporate purposes, which may include funding potential acquisitions such as a proposed combination with SEGRO plc. The company cautions there is no assurance the SEGRO transaction will be completed on the proposed terms, timeline, or at all.
Prologis (NYSE:PLD) has agreed a recommended all‑share offer with a partial cash alternative to acquire the entire issued and to be issued share capital of SEGRO via a UK scheme of arrangement. SEGRO shareholders will receive 0.0920 new Prologis shares per SEGRO share, with an optional Partial Cash Alternative of up to £3.51 billion (about 25% of total value) at a fixed 1,031.7 pence per SEGRO share, subject to pro rata scaling if oversubscribed.
Assuming full take‑up of the Partial Cash Alternative, the deal values SEGRO’s equity at approximately £14.0 billion, or £14.3 billion including a potential 2026 final dividend, and represents premiums of 39–49.8% to pre‑offer SEGRO trading prices and 14.4–16.9% to EPRA NTA. SEGRO shareholders can retain up to four “permitted dividends” for 2026–2027 without adjustment to the offer. Post‑completion, and assuming full cash alternative take‑up, SEGRO investors would hold about 8.9% of the combined group.
The combination would create a logistics REIT platform with around £200 billion of AUM and a European operating portfolio of about 368 million square feet. Prologis expects significant cost and operational efficiencies and says the transaction should be broadly neutral to minimally dilutive to Core FFO and AFFO per share in the first full year, assuming run‑rate synergies. SEGRO’s board, advised by multiple banks, intends unanimously to recommend the deal, which remains subject to shareholder, court, antitrust and listing approvals and is targeted to complete in H1 2027.
Prologis (NYSE: PLD) agreed with the board of SEGRO on the terms of a recommended acquisition valuing SEGRO’s entire issued and to‑be‑issued share capital at approximately $18.8 billion. SEGRO shareholders will receive 0.0920 new Prologis shares per SEGRO share, with an optional partial cash alternative.
The maximum cash under this alternative is about £3.5 billion, based on a fixed price of 1,031.7 pence per SEGRO share; a basic election equals 258 pence in cash plus 0.0690 Prologis shares per SEGRO share. SEGRO shareholders may also retain specified 2026 interim and final dividends. The combination would create a global platform with about $269 billion of assets under management, a European operating portfolio of 368 million square feet (a 47% footprint expansion for Prologis), a 13 million square foot European development pipeline and a 126% increase in Prologis’ European land bank. According to Prologis, the deal is expected to be broadly neutral to minimally dilutive to Core FFO and AFFO per share in the first full year post‑completion and is targeted to close in the first half of 2027, subject to approvals.
Prologis (NYSE: PLD) reports that the Board of SEGRO has unanimously concluded that the financial terms of Prologis’ “Best and Final Proposal” are at a level it would be minded to recommend to SEGRO shareholders. In response, SEGRO has extended the UK Takeover Code “put‑up or shut‑up” deadline for Prologis to no later than 5.00 pm BST on 12 August 2026, under Rule 2.6(c).
Prologis reiterates that the proposed combination is intended to deliver value for shareholders of both companies and welcomes the extra time to work constructively with SEGRO. The company cautions there is no certainty that an offer will be made. The proposal is described as best and final and will not be increased, except if a third‑party offer or possible offer for SEGRO is announced, or if the Takeover Panel consents in wholly exceptional circumstances. Prologis is advised by Rothschild & Co, J.P. Morgan, Eastdil Secured and BofA Securities, and outlines standard UK Takeover Code disclosure and website publication requirements.
Prologis (NYSE:PLD) has set out a Rule 2.4 “Best and Final” proposal to acquire the entire issued and to be issued share capital of SEGRO, valuing SEGRO’s equity at approximately £14.0 billion.
The proposal offers 0.0920 new Prologis shares per SEGRO share, a 9.5% increase over Prologis’ initial proposal, plus an optional Partial Cash Alternative of up to £3.5 billion (25% of total consideration) at a fixed 1,031.7 pence per SEGRO share, subject to pro‑rata scale‑back. Based on Prologis’ 21 July 2026 closing price and exchange rate assumptions, this implies 1,031.7 pence per SEGRO share and premiums of 14.0% to SEGRO’s pro forma adjusted NAV and 39.0%–46.6% to recent VWAPs.
According to Prologis, SEGRO shareholders may elect cash up to or below a basic entitlement (257.9 pence plus 0.0690 Prologis shares per SEGRO share) or receive only shares. SEGRO shareholders would be allowed to receive specified 2026–2027 dividends without adjustment. Prologis is asking SEGRO’s board to seek a Takeover Panel extension of the 5pm BST, 22 July 2026 “put up or shut up” (PUSU) deadline so that a recommended firm offer could potentially be agreed on these financial terms. Prologis states the proposal is final and will not be increased, subject to limited Code‑based exceptions, and notes there is no certainty any firm offer will be made.
Prologis (NYSE:PLD) has issued a Rule 2.4 announcement regarding a possible all‑share combination with SEGRO, following meetings with SEGRO management in London. Prologis highlights SEGRO's 31 December 2025 property portfolio valuation of £19.0 billion, including £16.7 billion of completed assets at a 4.2% EPRA Net Initial Yield.
According to Prologis, its 20 July 2026 proposal implies see‑through consideration of 993 pence per SEGRO share, a 9.7% premium to SEGRO's latest pro forma adjusted NAV of 905 pence per share, which Prologis says would be among the highest UK real estate NAV premiums in the last decade. Prologis reiterates there is currently no firm intention to make an offer and that, under Rule 2.6(a) of the Code, it must by 5:00 pm (London time) on 22 July 2026 either announce a firm offer for SEGRO or state that it does not intend to bid.
Prologis (NYSE:PLD) has made a third, non-binding Rule 2.4 proposal to acquire the entire issued and to be issued share capital of SEGRO. The Third Proposal offers 0.0890 new Prologis shares per SEGRO share plus an optional Partial Cash Alternative of up to £2.7 billion (20% of total consideration) at a fixed 1,000 pence per SEGRO share, subject to pro‑rata scale-back.
Based on Prologis’ 17 July 2026 share price and FX rate, and assuming a 20% cash election, the proposal values each SEGRO share at 993 pence, implying an equity value of about £13.5 billion and premiums of 9.7% to SEGRO’s pro forma adjusted NAV and 33.8% to its pre‑offer closing price. SEGRO’s board has rejected this and prior proposals. According to Prologis, SEGRO shareholders would hold roughly 9.2% of Prologis post‑Combination (assuming full cash take‑up), and Prologis is exploring a possible secondary London Stock Exchange listing, subject to demand and SEGRO board engagement. Prologis highlights Q2 2026 year‑on‑year same‑store NOI growth of 8.5%, Core FFO per share growth of 11.6%, $2.1 billion H1 data center starts and a 5.8 GW power pipeline, alongside a 179 bp midpoint increase to 2026 Core FFO per share guidance. Prologis must announce a firm intention to make an offer or walk away by 5:00 pm (London time) on 22 July 2026, unless this deadline is extended by the Takeover Panel.
Prologis (NYSE: PLD) reported strong second quarter 2026 results and raised full-year guidance for the second time, supported by record leasing and robust operating metrics. Net earnings per diluted share were $1.13, up from $0.61 in 2Q25, while Core FFO* per diluted share rose to $1.63 from $1.46. Prologis signed over 67 million square feet of leases, lifting owned and managed period-end occupancy to 95.5%. Same-store NOI* grew 6.4% net effective and 8.5% on a cash basis.
Capital deployment in the quarter included $1.6 billion of development starts, $1.8 billion of third-party acquisitions, $766 million of dispositions, and $518 million of contributions to Strategic Capital vehicles, while expanding the data center power pipeline to 5.8 GW. Liquidity stood at approximately $7.6 billion, with debt-to-Adjusted EBITDA* of 4.7x. For 2026, Prologis raised net earnings guidance to $4.40–$4.55 per diluted share (from $3.80–$4.05) and Core FFO* guidance to $6.22–$6.30 (from $6.07–$6.23), alongside higher targets for development starts, acquisitions, contributions, dispositions and realized development gains.
Prologis (NYSE:PLD) outlined its case for a potential combination with SEGRO, publishing an investor presentation on July 9, 2026. Prologis highlights its established data center platform, 5.8GW secured or advanced power pipeline and a longer-term 10GW+ estimate. It contrasts SEGRO's joint-venture, 70% loan-to-cost funding model and consensus EPS CAGR of 4.7% (2025-2028) versus 7.1% for European logistics peers. Prologis also references SEGRO guidance of 50p adjusted EPS by 2030 (6.4% CAGR) and says a deal would offer SEGRO shareholders an upfront premium plus long-term upside, while stressing there is no certainty any firm offer will be made.