SAN FRANCISCO, Jan. 28, 2013 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today announced the tax treatment of its 2012 distributions.  Exhibits A and B reflect the tax treatment of distributions on Prologis, Inc. common and preferred stock, respectively. 

If you held shares of common or preferred stock of Prologis, Inc. in your name at any time during 2012, an IRS Form 1099-DIV will be provided to you by Computershare, Prologis, Inc.'s transfer agent.  If you held shares in "street name" during 2012, the IRS form provided by your bank, brokerage firm or nominee may report only the gross distributions paid to you.  Therefore, you may need the information included herein to properly complete your federal tax return.

This information has been prepared using the best available information to date.  Prologis, Inc.'s federal income tax return for the year ended December 31, 2012 has not yet been filed.  Please note that federal tax laws affect taxpayers differently, and we cannot advise you on how distributions should be reported on your federal income tax return.  Please also note that state and local taxation of REIT distributions vary and may not be the same as the federal rules.  Prologis, Inc. thus urges you to consult with your own tax advisor with respect to the federal, state and local income tax consequences of these distributions.

About Prologis
Prologis, Inc. is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of September 30, 2012, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 565 million square feet (52.5 million square meters) in 21 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.

January 28, 2013

Exhibit A
Tax Treatment of 2012 Common Distributions

 

 Prologis, Inc.

         

 Common Stock

         

 CUSIP #  74340W103

         

 Ticker Symbol:  PLD

         
             

 Record
Dates

 Payable
Dates

 Cash
Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend

($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/12/12

3/30/12

0.280000

0.094580

0.049028

0.035602

0.100790

6/11/12

6/29/12

0.280000

0.094580

0.049028

0.035602

0.100790

9/14/12

9/28/12

0.280000

0.094580

0.049028

0.035602

0.100790

12/17/12

12/28/12

0.280000

0.094580

0.049028

0.035602

0.100790

             

 (1)  Corporate shareholders may be subject to §IRC 291(a) reduction in certain corporate preference items.

             
             

January 28, 2013

Exhibit B
Tax Treatment of 2012 Preferred Distributions

 

Prologis, Inc.

Series Q Cumulative Redeemable Preferred Stock

     

CUSIP #  74340W202

         

Ticker Symbol:  PLD/PQ 

             

 Record
Dates

 Payable
Dates

 Cash Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend
($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/19/12

4/2/12

1.067500

0.360585

0.186918

0.135734

0.384263

6/18/12

7/2/12

1.067500

0.360585

0.186918

0.135734

0.384263

9/18/12

10/1/12

1.067500

0.360585

0.186918

0.135734

0.384263

12/19/12

12/31/12

1.067500

0.360585

0.186918

0.135734

0.384263

             

 Prologis, Inc.

         

Series R Cumulative Redeemable Preferred Stock

     

CUSIP #  74340W301

         

Ticker Symbol:  PLD/PR  

             

 Record
Dates

 Payable
Dates

 Cash Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend
($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/19/12

4/2/12

0.421875

0.142503

0.073870

0.053642

0.151860

6/18/12

7/2/12

0.421875

0.142503

0.073870

0.053642

0.151860

9/18/12

10/1/12

0.421875

0.142503

0.073870

0.053642

0.151860

12/19/12

12/31/12

0.421875

0.142503

0.073870

0.053642

0.151860

             

 Prologis, Inc.

         

 Series S Cumulative Redeemable Preferred Stock

     

 CUSIP #  74340W400

         

 Ticker Symbol: PLD/PS  

             

 Record
Dates

 Payable
Dates

 Cash Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend
($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/19/12

4/2/12

0.421875

0.142503

0.073870

0.053642

0.151860

6/18/12

7/2/12

0.421875

0.142503

0.073870

0.053642

0.151860

9/18/12

10/1/12

0.421875

0.142503

0.073870

0.053642

0.151860

12/19/12

12/31/12

0.421875

0.142503

0.073870

0.053642

0.151860

             

 Prologis, Inc.

         

 Series L Cumulative Redeemable Preferred Stock

     

 CUSIP #  74340W50

         

 Ticker Symbol: PLD/PL

             

 Record
Dates

 Payable
Dates

 Cash Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend
($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/19/12

4/16/12

0.406250

0.137225

0.071134

0.051655

0.146236

6/18/12

7/16/12

0.406250

0.137225

0.071134

0.051655

0.146236

9/18/12

10/15/12

0.406250

0.137225

0.071134

0.051655

0.146236

12/19/12

1/15/13

0.406250

0.137225

0.071134

0.051655

0.146236

             

 Prologis, Inc.

         

 Series M Cumulative Redeemable Preferred Stock

     

 CUSIP #  74340W608

         

 Ticker Symbol:  PLD/PM  

             

 Record
Dates

 Payable
Dates

 Cash Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend
($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/19/12

4/16/12

0.421875

0.142503

0.073870

0.053642

0.151860

6/18/12

7/16/12

0.421875

0.142503

0.073870

0.053642

0.151860

9/18/12

10/15/12

0.421875

0.142503

0.073870

0.053642

0.151860

12/19/12

1/15/13

0.421875

0.142503

0.073870

0.053642

0.151860

             

 Prologis, Inc.

         

 Series O Cumulative Redeemable Preferred Stock

     

 CUSIP #  74340W707

         

 Ticker Symbol:  PLD/PO

             

 Record
Dates

 Payable
Dates

 Cash Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend
($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/19/12

4/16/12

0.437500

0.147781

0.076606

0.055629

0.157484

6/18/12

7/16/12

0.437500

0.147781

0.076606

0.055629

0.157484

9/18/12

10/15/12

0.437500

0.147781

0.076606

0.055629

0.157484

12/19/12

1/15/13

0.437500

0.147781

0.076606

0.055629

0.157484

             

 Prologis, Inc.

         

 Series P Cumulative Redeemable Preferred Stock

     

 CUSIP #  74340W806

         

 Ticker Symbol:  PLD/PP

             

 Record
Dates

 Payable
Dates

 Cash Distribution
($ per share)

 Ordinary
Taxable
Dividend
($ per share)

 Qualified
Taxable
Dividend
($ per share)

 Long-Term
Capital Gain
($ per share)

 Unrecaptured
Section 1250
Gain ($ per
share) (1)

3/19/12

4/16/12

0.428125

0.144614

0.074964

0.054437

0.154110

6/18/12

7/16/12

0.428125

0.144614

0.074964

0.054437

0.154110

9/18/12

10/15/12

0.428125

0.144614

0.074964

0.054437

0.154110

12/19/12

1/15/13

0.428125

0.144614

0.074964

0.054437

0.154110

             

(1)  Corporate shareholders may be subject to §IRC 291(a) reduction in certain corporate preference items.

             

SOURCE Prologis, Inc.

Media contact & resources

Jennifer Nelson

SVP, Head of Global Corporate Communications
+1 (415) 733 9409
[email protected]
San Francisco, California USA

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