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) 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.
Prologis (NYSE: PLD) appointed Alfred F. Kelly, Jr., former CEO and executive chairman of Visa, to its board of directors effective July 1, 2026.
Kelly brings experience from leadership roles at Visa, American Express, the New York–New Jersey Super Bowl Host Committee, Berkshire Partners and General Motors.
Prologis (NYSE:PLD) released an investor presentation on 30 June 2026 outlining the strategic and financial rationale for a possible all-share combination with SEGRO. It is not a firm offer under the UK Takeover Code and may not proceed.
According to Prologis, SEGRO shareholders could receive an upfront premium and share in the combined logistics, data center and energy platform. Prologis cites five-year total shareholder return of 38.6% versus a 20.1% decline for SEGRO, £27.8 billion of European AUM, and a strong record integrating major acquisitions.
Prologis (PLD) has outlined an indicative all-share proposal under UK Takeover Code Rule 2.4 to acquire SEGRO. The offer terms are 0.084 new Prologis shares per SEGRO share, valuing SEGRO at about £12.6 billion, or 925 pence per share, based on 23 June 2026 prices.
This implies premiums of 24.6%, 26.7% and 31.4% to SEGRO’s spot, 1‑month and 3‑month VWAPs, matching its EPRA NTA per share. SEGRO’s board rejected the proposal on 23 June 2026. SEGRO shareholders would own roughly 10.5% of Prologis after completion, and there is no certainty a firm offer will follow before the 22 July 2026 Code deadline.
Prologis (NYSE:PLD) will host a webcast and conference call with senior management on July 16, 2026, at 9:00 a.m. PT / 12:00 p.m. ET to discuss second quarter 2026 results, current market conditions and future outlook.