SAN FRANCISCO 19 April 2015 – Prologis today reported results for the first quarter 2015. Core funds from operations (Core FFO) per diluted share was $0.49 for the first quarter compared with $0.43 for the same period in 2014. "We had an excellent start to the year and we continue to deliver growth across our three lines of business," said Hamid R. Moghadam, chairman and CEO, Prologis. "Generally, market conditions are in great shape, and the scale, quality and diversification of our global platform, combined with solid execution by teams throughout the world, are driving strong financial results."
SAN FRANCISCO 19 April 2015 – Prologis today announced it has signed definitive agreements to acquire the real estate assets and operating platform of KTR Capital Partners (KTR) and its affiliates for a total purchase price of $5.9 billion. The properties comprise KTR's three co-investment funds and will be acquired by Prologis U.S. Logistics Venture (USLV), a 55-45 consolidated joint venture with Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund Global.
SAN FRANCISCO 17 April 2015 – Prologis today announced that Prologis International Funding II S.A. (the "Issuer"), a wholly owned subsidiary of Prologis European Properties Fund II ("PEPF II"), issued EUR 300 million in aggregate principal amount of unsecured notes (the "notes") in the eurobond market.
SAN FRANCISCO 16 March 2015 – Prologis today announced the exchange of approximately $460 million in aggregate principal amount of Prologis, L.P.'s 3.25 percent exchangeable and convertible senior notes due 2015 ("the Notes") for a total of 11.9 million shares of the company's common stock pursuant to the terms of the Notes.
SAN FRANCISCO 2 Mar 2015 – Prologis today announced that Hamid R. Moghadam, chairman and CEO; Thomas S. Olinger, chief financial officer; and Gary Anderson, CEO, Europe and Asia, are scheduled to participate in the Citi 2015 Global Property CEO Conference at The Westin Diplomat in Hollywood, Florida.
SAN FRANCISCO 2 Mar 2015 – Prologis will host its 2015 Annual Stockholders Meeting Wednesday, April 29, 2015, at 1:30 p.m. PT/4:30 p.m. ET.
The meeting will take place at Prologis' corporate headquarters at Pier 1, Bay 1 in San Francisco and is open to all Prologis stockholders of record as of Monday, March 9, 2015.
SAN FRANCISCO 25 Feb 2015 – The Board of Directors of Prologis, Inc. (NYSE: PLD) today approved a plan to raise the company’s annualized dividend level by 9 percent to $1.44 per share of common stock.
DAVOS, SWITZERLAND, 22 Jan 2015 -- Prologis today announced its inclusion in the Corporate Knights’ Global 100 list of the world’s most sustainable corporations at the World Economic Forum in Davos, Switzerland. This is Prologis’ seventh consecutive year on the Global 100.
SAN FRANCISCO, 21 Jan 2015 -- Prologis today announced the completion of four new solar projects in Los Angeles. Some 1.1 million square feet of Prologis rooftop space will feed a combined 4.2 megawatts of power directly into the Los Angeles Department of Water and Power (LADWP) electrical grid as part of the utility's Feed-In Tariff (FiT) program. Prologis is LADWP's largest FiT participant to date. The energy produced by the installation is expected to power approximately 1,100 homes each year in the Los Angeles area.
SAO PAULO, 15 Dec 2014 -- Prologis today announced two new lease agreements at Prologis CCP Cajamar II in São Paulo totaling 346,000 square feet (32,200 square meters: 240,000 square feet (22,300 square meters) with a leading international food company, and 106,000 square feet (9,900 square meters) with repeat logistics customer Biblion Logistica.
MADRID, 3 Dec 2014 -- Prologis today announced that it has signed a 139,000 square foot (12,913 square meter) build-to-suit agreement in Madrid with TNT Express, one of the world's largest express delivery companies and a repeat customer.
The facility will be located at Puerta de Madrid, a Class-A logistics park 15 minutes from the Madrid city center and adjacent to Madrid–Barajas Airport.
DENVER, 18 Nov 2014 -- Prologis today announced a 261,000 square foot (24,300 square meter) lease agreement in Denver. HD Supply Facilities Maintenance Ltd., a leading industrial distributor, will occupy the space at Prologis Stapleton Business Center North.
The lease brings the 1.2 million square foot (111,000 square meter) master-planned park to full occupancy and marks Prologis' second significant pre-lease transaction at this location in less than a year.
STOCKHOLM, 12 Nov 2014 -- Prologis today announced it has signed a 280,000 square foot (26,000 square meter) build-to-suit agreement with Strålfors, one of Sweden's leading logistics companies.
"Strålfors will operate this space for CDON Group, a major e-commerce enterprise," said Stefan Lager, head of the Strålfors fulfilment division. "Prologis' state-of-the-art distribution center will support efficient distribution throughout the Nordic region and allow CDON to streamline operating costs."
SAN FRANCISCO, 6 Nov 2014 -- Prologis today announced commencement of a new development project totaling 1 million square feet (92,900 square meters) in Tracy, California.
Prologis International Park of Commerce is located within a 60-mile radius of three international airports, the Port of Oakland, the Port of Stockton, BNSF intermodal and UP intermodal.
PRAGUE, 5 Nov 2014 -- Prologis today announced it has signed a 334,000 square foot (31,000 square meter) build-to-suit agreement at Prologis Park Prague-Jirny with Mall.cz, a regional online consumer goods and electronics store.
"We are delighted to welcome Mall.cz to Prologis Park Prague-Jirny," said Ben Bannatyne, managing director, Prologis Central and Eastern Europe. "This agreement reflects ongoing demand from e-commerce customers for Class-A logistics facilities."