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 announced its quarterly dividend declarations for Q3 2025. The company will distribute a regular cash dividend of $1.01 per share to common stockholders and a dividend of $1.0675 per share to Series Q Preferred Stock holders.
Both dividends will be payable on September 30, 2025, to stockholders of record as of September 16, 2025.
STAG Industrial (NYSE:STAG) has announced the promotion of Steven T. Kimball to Chief Operating Officer, effective August 1, 2025. Kimball, who joined the company in early 2023 as Executive Vice President of Real Estate Operations, brings extensive industry experience from his previous roles at PGIM Real Estate and Prologis.
According to CEO Bill Crooker, Kimball has been crucial in developing a scalable operating platform, expanding the development business, and improving tenant experience through local property management teams. His background includes serving as Managing Director and Head of Operations for the East Region at Prologis from 1995 to 2021, followed by an Executive Director position at PGIM Real Estate from 2021 to 2023.
Prologis (NYSE: PLD) released a new Oxford Economics report highlighting its substantial global economic impact in 2024. The logistics real estate giant's warehouses handled goods worth $3.2 trillion, representing 2.9% of global GDP. The company's 1.3 billion square foot portfolio supported 3.6 million jobs worldwide and contributed $348 billion to the global economy.
The report revealed significant growth in warehouse employment, particularly in Mexico (+91%) and Canada (+47%), with global direct warehouse jobs increasing 8% since 2022. In the United States, where goods movement totaled $2 trillion, California led with $465 billion in throughput and 162,000 direct jobs, followed by Texas with $273 billion in throughput and 223,000 total jobs.
Prologis (NYSE:PLD) reported Q2 2025 results with mixed performance. Core FFO per share increased 9.0% to $1.46, while net earnings per share decreased 33.7% to $0.61 due to lower gains and unrealized FX impacts.
Key operational metrics showed strength with 95.1% period-end occupancy and impressive 53.4% net effective rent change. The company demonstrated robust deployment activity with $846M in development starts and $335M in acquisitions. Prologis maintained strong financial health with $7.1B in total available liquidity and a debt-to-EBITDA ratio of 5.1x.
Management raised 2025 guidance, with Core FFO now expected between $5.75 to $5.80 per share, reflecting confidence in business fundamentals and high leasing pipeline levels.
Prologis (NYSE: PLD) has announced its participation in two major industry conferences in New York City. Dan Letter, the company's president, will attend the Bernstein 41st Annual Strategic Decisions Conference on May 29. Later, both Letter and Tim Arndt, CFO, will present at REITweek 2025: NAREIT's Investor Forum on June 4 at 10:15 a.m. ET. The REITweek presentation will be available via live audio webcast, with replay and presentation materials accessible through Prologis' investor relations website.
Prologis (NYSE: PLD) has elected Sarah Slusser to its board of directors, where she will serve on the Governance and Nomination committee. Slusser, currently CEO of Cypress Creek Renewables LLC, brings over 30 years of energy sector leadership experience to the role. Her background includes founding Point Reyes Energy Partners LLC and GeoGlobal Energy LLC, as well as a 20-year tenure at The AES Corporation leading global M&A. The appointment strengthens Prologis's energy expertise as the company continues to expand its energy solutions globally.
Prologis (NYSE: PLD) has announced its quarterly dividend declarations for Q2 2025. The company will distribute a regular cash dividend of $1.01 per share to common stockholders, with the payment scheduled for June 30, 2025. Shareholders of record as of June 17, 2025, will be eligible for this distribution. Additionally, holders of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock will receive a dividend of $1.0675 per share on the same dates.
Broadstone Net Lease (NYSE: BNL) has announced a new $78.2 million build-to-suit development partnership with Prologis, Inc. (NYSE: PLD). The project involves constructing a state-of-the-art distribution warehouse facility for FCA US, (Stellantis' American subsidiary) in Forsyth, GA, expected to deliver in Q3 2026.
The 422,000-square-foot facility has a 15-year lease term with an estimated cash capitalization rate of 6.9% and straight-line yield of 8.4%. This development is part of BNL's larger pipeline, which includes multiple projects totaling $516.3 million across industrial and retail properties. The company's total weighted average lease term is 13.9 years with a weighted average estimated cash capitalization rate of 7.3%.
Prologis (NYSE: PLD) reported strong Q1 2025 financial results with Core FFO per share of $1.42, up 10.9% year-over-year. The company maintained stable net earnings at $0.63 per diluted share.
Key operational metrics showed robust performance with average occupancy at 94.9%, net effective rent change of 53.7%, and cash same store NOI growth of 6.2%. The company signed leases totaling 58 million square feet and demonstrated strong deployment activity with $811M in acquisitions and $925M in development stabilizations.
The company maintains a strong financial position with $6.5B in total available liquidity and a debt-to-EBITDA ratio of 4.9x. Management reaffirmed its 2025 guidance, projecting net earnings of $3.45-$3.70 per share and Core FFO of $5.65-$5.81 per share, while noting near-term customer caution due to policy uncertainty.