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Prologis reports 66% rise in Q1 2026 net income per share amid data center growth.

Company Fundamentals
20 Apr 2026
Seeking Alpha
View Source
Bullish
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Prologis, a leading industrial and logistics REIT focused on data centers, posted a strong Q1 2026 with net income per share increasing 66% year-over-year. The company benefits from the ongoing data center boom and is expanding through strategic capital partnerships, including with GIC. Despite solid growth and a modest dividend yield, Prologis's premium valuation may pose risks for new investors. The firm's growth and capital deployment strategies position it well for continued expansion in the data center sector.

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