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. (NYSE: PLD) maintains its position as the world's premier logistics real estate company, operating a global portfolio of industrial properties that power modern supply chains. This news hub provides investors and industry professionals with direct access to official corporate announcements, strategic developments, and market insights.
Our curated collection features earnings reports, acquisition updates, and sustainability initiatives directly from Prologis leadership. Track the REIT's expansion in high-growth markets, technological innovations in warehouse infrastructure, and partnerships shaping the future of logistics real estate.
Discover timely updates on key operational areas including Americas distribution hubs, European logistics parks, and Asia-Pacific fulfillment centers. Stay informed about capital recycling programs, development pipeline milestones, and ESG commitments that drive long-term value creation.
Bookmark this page for streamlined access to Prologis' verified financial communications and strategic announcements. Combine our news feed with SEC filings and investor presentations for comprehensive analysis of this industrial REIT's market position.
Prologis and Performance Team announced the launch of Southern California's largest heavy-duty EV charging depot, capable of servicing 96 trucks simultaneously. Located near the Ports of Los Angeles and Long Beach, the depot was constructed in just five months and is powered by the nation's largest EV truck microgrid. The facility supports the industry's shift towards decarbonized supply chains and California's clean transportation goals. It uses Volvo VNR Electric trucks with a 240-mile range and 80% charge capacity in 90 minutes. Key partnerships and innovative solutions were pivotal in overcoming energy supply challenges, expediting the project delivery.
Prologis (NYSE: PLD) announced that Ed Nekritz, Chief Legal Officer, and Colleen McKeown, Chief Human Resources Officer, will retire effective January 1, 2025. Deborah Briones, currently Deputy General Counsel, and Nathaalie Carey, Senior VP of Human Resources, will succeed them. Nekritz and McKeown will remain as senior advisors in 2025.
Briones has been with Prologis since 2004, leading various legal teams and initiatives. As CLO, she will oversee all legal aspects, including corporate governance and compliance. Carey, who joined in 2022, leads HR operations and DEIB programs. As CHRO, she will manage workforce development and HR functions.
CEO Hamid R. Moghadam praised both successors for their expertise. Nekritz and McKeown have significantly contributed to Prologis' growth and resilience, including guiding the company through major mergers and the COVID-19 pandemic.
Prologis, Inc. (NYSE: PLD) has declared a regular cash dividend for the quarter ending June 30, 2024. The dividend amounts to $0.96 per share for common stockholders and $1.0675 per share for Series Q Cumulative Redeemable Preferred Stock holders. The payments are scheduled for June 28, 2024, and July 1, 2024, respectively.
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