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) 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.
Prologis (NYSE: PLD) announced that CEO Dan Letter and CFO Tim Arndt will present at REITWeek 2026: Nareit's Investor Conference on Tuesday, June 2, at 11:00 a.m. ET. The presentation will be available via live audio webcast with a replay on the Prologis investor relations website.
TMV Logistics, LP launched a $200M venture fund focused on maritime and logistics innovation and safety, anchored by American Bureau of Shipping (ABS) and Prologis Ventures, the strategic investment arm of Prologis (NYSE:PLD).
The fund targets pre-seed to Series A startups in shipbuilding, ports, and intermodal logistics across five themes: industrial autonomy, vertical robotics, operational AI, dual-use maritime technologies, and energy transition fuels, supported by an advisory network from major logistics and maritime operators.
Prologis (NYSE: PLD) declared a quarterly cash dividend for the quarter ending June 30, 2026. Common stock dividend: $1.07 per share, payable June 30, 2026, to holders of record at close of business June 16, 2026. Series Q preferred dividend: $1.0675 per share, same record and pay dates.