PLD remains the largest industrial landlord globally, leveraging its scale and diversification to outperform competitors. The company is aggressively expanding into data centers, committing billions to new developments, though power procurement challenges pose risks. Q2 earnings are expected to show around 5% growth in funds from operations (FFO) and revenue, supported by a 95.3% occupancy rate and strong rent increases of 32%. Despite its sector leadership and premium valuation, a Hold rating is maintained due to valuation concerns and uncertainties in the data center business trajectory.
Prologis announced an underwritten public offering of 15 million common shares, expected to raise approximately $2.1 billion before expenses. The offering, closing on August 5, 2026, includes a 30-day option for underwriters to buy an additional 2.25...
Prologis announced an underwritten public offering of 15 million common shares, with an option for underwriters to buy an additional 2.25 million shares. The net proceeds will support general corporate purposes and potential acquisitions, notably a p...
Prologis, Inc. has agreed to acquire SEGRO plc through a recommended share offer combined with a partial cash alternative, valuing SEGRO at approximately £14 billion. SEGRO shareholders will receive 0.0920 new Prologis shares per SEGRO share or opt f...
US logistics property group Prologis has agreed to acquire British real estate investment trust Segro in a deal valued around £13.5 billion. Segro shareholders will receive Prologis shares or a mix of cash and shares, with the offer representing a pr...
Prologis has agreed to acquire SEGRO for approximately $18.8 billion, combining two major logistics portfolios to create a global platform with $269 billion in assets. The deal will expand Prologis' European footprint by 47%, adding 368 million squar...
