Forbes: Amazon's Landlord: How The E-Commerce Boom Is Propelling Warehouse King Prologis To New Heights
Because if you believe in e-commerce, you believe in Prologis. While internet shopping has devastated demand for traditional retail spaces, it has had the opposite effect on industrial real estate. Amazon is Prologis' largest tenant, occupying 16 million square feet. (Prologis is also Amazon's largest landlord, accounting for 13% of the warehouse space it operates.) Why? Getting a book to you in less than 48 hours (Amazon Prime's promise) means already having it--and several thousand other items--nearby when you order.
The Economist: The Future of Online Retailing is Bright
For years smouldering hazardous waste sparked fires among the rubbish. But Bleecker Street is now dotted with empty shops, their landlords unable to find tenants. The lot in New Jersey has been cleaned up and turned into a giant warehouse by Prologis, the world’s biggest industrial-property firm. The chemical fires are out. Delivery trucks are in.
Fortune: Delivery Is Getting More Complex, but Will Soon Be Faster and Cheaper
Once again, how goods flow from manufacturers to consumers is about to change. Over the next decade, prompted by new technologies and business processes, this transformation will reduce supply chain costs and reorder its components.
The Board of Directors of Prologis, Inc. (NYSE: PLD), declared a regular cash dividend for the quarter ending December 31, 2019, on the following securities: -- A dividend of $0.53 per share of...
Prologis Expands China Development Venture to US$3.5 Billion and Announces the Formation of a US$1.7 Billion China Open End Fund
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the expansion of its development venture in China and increased its development capacity to more than US$3.5...
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Prologis, L.P. will redeem all of its Floating Rate Notes due January 29, 2020 (CUSIP: 74340X BG5, the...
Commercial Property Executive: For all of its recent and rapid changes, the current logistics real estate market still has plenty of room to evolve...
REIT Magazine: Prologis is addressing its tenants’ urgent need for labor by developing workforce training initiatives.
Bloomberg Daybreak Asia: On Prologis’ 20th anniversary of establishing a presence in Japan, Prologis CEO Hamid Moghadam spoke about the company’s...