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) released a new report updating the economic impact of its global operations, showing a substantial growth in logistics real estate. The report, prepared by Oxford Economics, indicates that the value of goods flowing through Prologis facilities has surged to $2.2 trillion, a 69% increase since 2017. This throughput now represents 3.5% of the GDP across 19 countries, compared to 2.4% in 2017. Additionally, Prologis supports around 850,000 jobs, reflecting a 57.4% increase in employment since 2017.
Prologis, a leader in logistics real estate, reported Q2 2020 net earnings per diluted share of $0.54, down from $0.60 in Q2 2019. Core funds from operations per diluted share rose to $1.11, compared to $0.77 a year earlier. Key metrics included a period-end occupancy rate of 95.7% and a 22.0% net effective rent change. Prologis ended the quarter with $4.6 billion in liquidity and a debt-to-market cap ratio of 20%. The company expects strong Core FFO growth of over 12.5% year-over-year for the second half of 2020, with projected earnings per diluted share guidance increased to between $2.06 and $2.18.
Prologis, Inc. (NYSE: PLD) will host a webcast and conference call on July 21, 2020 at 9:00 a.m. PT/12:00 p.m. ET to discuss its second quarter results, current market conditions, and future outlook. Investors can access the call by dialing +1 (833) 968-2252 or via a live webcast available on their website. The company, a leader in logistics real estate, owns properties totaling approximately 965 million square feet across 19 countries. A replay of the call will be available from July 21-28.
Prologis (NYSE: PLD) announced the results of its cash Tender Offer for up to €350 million in specified debt securities as of June 26, 2020. €313,084,000 in notes was validly tendered before the Early Tender Time. The early settlement, anticipated for June 30, 2020, will see holders receiving €1,040 or €1,110 per €1,000 of the 2022 and 2024 notes, respectively. The Tender Offer is scheduled to expire on July 14, 2020, with certain conditions already satisfied. Prologis is not soliciting consents from note holders.
Prologis has initiated a cash tender offer for up to €350 million of certain outstanding debt securities. This includes a sub-limit of €100 million for 2024 Notes due February 2024. The tender offer will expire on July 14, 2020, with early tender by June 26, 2020, offering a total consideration of €1,040 for 2022 Notes and €1,110 for 2024 Notes, including early tender payments. The offer is subject to certain conditions and will prioritize acceptance based on specified levels. Detailed terms are outlined in the Offer to Purchase.