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.
News about Prologis, Inc. (NYSE: PLD) centers on its role as a logistics-focused real estate investment trust and its related capital markets, operational and strategic activities. The company’s releases provide regular updates on quarterly financial results, leasing performance, capital deployment, dividend declarations and debt offerings through Prologis, L.P. and related entities.
Earnings announcements from Prologis detail metrics such as net earnings per share, core funds from operations, occupancy levels, lease signings and development activity. These releases also discuss guidance ranges for earnings, funds from operations, occupancy and strategic capital revenues, giving investors insight into how the company views its logistics platform and capital deployment pipeline.
Prologis’ news flow also includes information on its balance sheet and financing activities. Recent 8-K filings and press releases describe offerings of euro- and Canadian dollar-denominated notes, the terms of those notes, and the intended use of proceeds for general corporate purposes, including repayment or refinancing of other indebtedness. The company has also announced the planned redemption and delisting of specific bond issues, such as its 3.000% Notes due 2026, with details on redemption pricing and timing.
Dividend announcements are another recurring theme, with the Board of Directors declaring regular cash dividends on Prologis common stock and on particular series of preferred stock. These updates specify per-share amounts and record and payment dates, reflecting the company’s REIT structure and distribution practices.
Beyond financial and capital markets news, Prologis publishes thought leadership content and event coverage. Releases about its GROUNDBREAKERS forum and its Supply Chain Outlook report highlight discussions on energy reliability, AI, regionalization and global supply chain resilience. These pieces show how Prologis engages with broader trends affecting logistics, energy and digital infrastructure.
Investors and observers following PLD news can expect a mix of quarterly results, guidance updates, financing transactions, dividend declarations and insights into how Prologis views the evolving landscape of logistics, energy and technology.
Prologis, Inc. (NYSE: PLD) has appointed Scott Marshall as the global head of its Customer Led Solutions division, aimed at enhancing relationships with multimarket customers. Reporting to chief customer officer Michael Curless, Marshall will focus on transforming customer experiences and strengthening broker relationships. With extensive experience from CBRE and Hana, Marshall aims to build on Prologis' innovative foundation. As of March 31, 2021, Prologis managed approximately 990 million square feet of logistics properties in 19 countries, serving around 5,500 customers.
Prologis, Inc. (NYSE: PLD) announced a partnership with the Association for Supply Chain Management to create a new logistics industry certificate aimed at developing talent. The certificate will launch in Q3 2021, addressing a critical skills gap in warehousing and logistics, which already employs 1.25 million workers in the U.S. The program aims to train 25,000 individuals by 2025, providing foundational logistics skills through an online platform. This initiative aligns with Prologis' commitment to enhancing workforce opportunities and supporting customer needs in a rapidly evolving sector.
The Board of Directors of Prologis (NYSE: PLD) announced the results of its 2021 annual stockholder meeting held on April 30, 2021. Key decisions included the election of 11 directors and the ratification of KPMG LLP as the independent accounting firm for 2021. However, the advisory vote on executive compensation for 2020 did not achieve the necessary favorable votes. Prologis remains committed to strong governance practices and will assess shareholder feedback regarding its executive compensation programs.
The Board of Directors of Prologis declared a quarterly cash dividend of $0.63 per share for common stockholders, payable on June 30, 2021, to those who are on record as of June 16, 2021. Additionally, a dividend of $1.0675 per share for the 8.54% Series Q Cumulative Redeemable Preferred Stock will also be paid on June 30, 2021, to Series Q stockholders on record by June 18, 2021. Prologis is a leader in logistics real estate, operating approximately 990 million square feet across 19 countries.
Prologis (NYSE: PLD) announced the launch of the first LEED v4 for Core and Shell Volume Program, setting stricter sustainability standards in logistics real estate. This initiative builds on their prior LEED Volume Program from 2014, resulting in $24 million savings compared to individual assessments. Prologis aims for 100% sustainable building certification for all new developments yearly. As of March 31, 2021, they own properties totaling around 990 million square feet across 19 countries, serving approximately 5,500 customers.
Prologis, Inc. (NYSE: PLD) reported Q1 2021 net earnings per diluted share of $0.49, down from $0.70 in Q1 2020, primarily due to $187 million in debt extinguishment costs. Core FFO per diluted share rose to $0.97 from $0.83 year-over-year. Despite a slight decline in average occupancy to 95.4%, demand remains strong, with net effective rent increasing by 27%. The company raised its 2021 earnings guidance, projecting net earnings between $2.80 to $2.90 per diluted share, marking a 16.8% increase. Prologis anticipates continuing strong performance in logistics real estate.
Prologis, Inc. (NYSE: PLD) will hold its annual stockholders meeting on Thursday, April 29, 2021, at 1:30 p.m. PT / 4:30 p.m. ET. This virtual meeting is open to stockholders of record as of March 8, 2021. Stockholders can access the live webcast through the provided link. A replay will be available in the Investor Relations section on www.prologis.com. As of December 31, 2020, Prologis is a leader in logistics real estate, managing approximately 984 million square feet across 19 countries.
Prologis, Inc. (NYSE: PLD) will host a conference call and webcast on April 19, 2021, at 9:00 a.m. PT to discuss its first-quarter results and market outlook. The call can be accessed via phone or live webcast on their website. As of December 31, 2020, Prologis held properties totaling approximately 984 million square feet across 19 countries. The company emphasizes its leadership in logistics real estate, catering to a diverse customer base of around 5,500 clients.
Prologis, Inc. (NYSE: PLD) will participate in two upcoming virtual conferences, the Citi 2021 Global Property CEO Conference on March 10 at 11:15 a.m. ET and the BofA Consumer and Technology Conference on March 11 at 12:30 p.m. ET. CEO Hamid R. Moghadam and CFO Thomas S. Olinger will present an overview of the company, discussing market conditions and future outlook at the Citi event. Both sessions will be accessible via webcast for extended periods, and presentation materials will be available on Prologis' Investor Relations website.
Prologis, Inc. (NYSE: PLD) announced a cash dividend of $0.63 per share for the quarter ending March 31, 2021, payable on that date to shareholders of record as of March 19, 2021. Additionally, a dividend of $1.0675 per share will be paid on the Series Q Cumulative Redeemable Preferred Stock. Prologis has maintained a 10-year dividend CAGR of 8.4% since the AMB/ProLogis merger in 2011. The company anticipates generating $1.1 billion in cash flow after dividends in 2021, preserving a payout ratio in the low-60 percent range.
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