US equity markets declined this week due to renewed conflict in the Middle East, which caused oil prices to surge amid concerns over supply disruptions through the Strait of Hormuz. However, cooler-than-expected inflation data (CPI and PPI) helped limit broader market losses by reducing fears of an imminent Federal Reserve rate hike. The S&P 500 dropped 1.5%, and the Nasdaq 100 fell 4.2%, with tech and AI-related stocks under pressure. Real estate investment trusts (REITs) outperformed, supported by strong earnings and raised guidance from Prologis, reflecting positive industrial real estate fundamentals in the US. Going forward, markets remain cautious as rising oil prices could complicate the Fed's policy outlook despite softer inflation readings.
Prologis made a third takeover offer for SEGRO valued at about £13.5 billion, including a £2.7 billion cash option, but SEGRO's board rejected it once more. The offer values SEGRO shares at a 33.8% premium over pre-offer prices, yet SEGRO's chairman ...
Prologis, Inc. reported strong Q2 results with Core FFO per share rising nearly 12%, driven by diversified customers and geographies. The company is expanding into data centers and power pipelines, targeting 7.5%-10% yields by leveraging its logistic...
Prologis reported strong second quarter results with net earnings per share rising to $1.13 from $0.61 in 2025, driven by record leasing of over 67 million square feet and increased occupancy to 95.5%. The company raised its 2026 earnings guidance fo...
