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 reported Q1 2023 results, with net earnings per diluted share at $0.50, a decline from $1.54 in Q1 2022 due to fewer gains on dispositions. However, Core FFO per diluted share rose to $1.22, up from $1.09 a year earlier. The company noted strong demand despite some decision-making delays, maintaining a 98.0% average occupancy and a record 11.4% cash same-store NOI. Future guidance includes an increase in net earnings to $3.10 to $3.25 per diluted share and Core FFO of $5.42 to $5.50. Prologis holds a robust liquidity position of $6.7 billion, with minimal debt maturities until 2026, indicating solid financial health despite economic uncertainties.
Prologis, Inc. (NYSE: PLD) will hold its annual stockholders meeting on May 4, 2023, at 1:30 p.m. PT via virtual webcast. Stockholders of record as of March 7, 2023 are invited to attend. The meeting can be accessed through the annual shareholder meeting link.
Prologis is a global leader in logistics real estate, managing around 1.2 billion square feet of properties across 19 countries. The company serves approximately 6,600 customers with modern logistics facilities.