SAN FRANCISCO, 22 Jul 2014 -- Prologis today reported results for the second quarter 2014. "We're pleased to report a very strong quarter of financial and operating performance," said Hamid R. Moghadam, chairman and CEO, Prologis. "Our results reflect high occupancy levels with strong growth in rental rates, above average development margins, and increased earnings from our Strategic Capital business."
SAN FRANCISCO, 17 Jul 2014 -- Prologis today announced that Moody's Investors Service (Moody's) upgraded the company's senior unsecured debt rating to Baa1, from Baa2, and Prologis' preferred stock rating to Baa2, from Baa3. The rating outlook is stable.
SAN FRANCISCO, 17 Jul 2014 -- Prologis today announced that Prologis European Properties Fund II ("PEPF II") has acquired two logistics facilities in Poland and Hungary.
Prologis Park Budapest-Üllő, Hungary
SAN FRANCISCO, 7 July 2014 -- Prologis today announced a $588 million increase in the equity commitment to Prologis China Logistics Venture, with $500 million contributed by HIP China Logistics Investments Limited and $88 million by Prologis.