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Germany
News

Prologis To Ramp Up Acquisitions, Says Market Has 'Opened Up'

... it revealed in its second-quarter earnings report Wednesday.  Prologis Chief Financial Officer Tim Arndt said on its Wednesday ... really excited about our acquisition volume for the year." Prologis deployed $279M for acquisitions this past quarter, up ...

Jul 17, 2024
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Prologis warehouse building
News

Prologis Infuses More Capital Into 2 Major Funds, Clears Redemption Requests

... Karsten Kallevig, managing director of Global Strategic Capital at Prologis, said in a statement. “Now that external valuations ... .1B in industrial properties from Blackstone.  Last month, Prologis CEO Hamid Moghadam said the industrial market is getting ...

Aug 29, 2023
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Industrial
News

Prologis Doubles Down On UK Investment With Park Royal Acquisition

... centres. “This acquisition is a significant milestone for Prologis. It reinforces our strategic investment commitments to the UK ... Western Avenue Business Park to create the current property.  Prologis was represented by DTRE, and DTZ Investors was ...

Aug 27, 2024
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Prologis Reaches $26B Deal To Buy Duke Realty
News

Prologis Reaches $26B Deal To Buy Duke Realty

... prices at the time, according to its investor presentation. Prologis expects to realize between $310M and $370M in value ... acknowledged being a bit overzealous in its pandemic expansion. Prologis owns more Amazon-leased industrial real estate than any other ...

Jun 13, 2022
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Germany
News

Prologis Predicts Lower Occupancy, Slower Cash Flow On Softening Industrial Market

... according to remarks by Chief Financial Officer Tim Arndt. But Prologis also expects occupancy to "step down" in the first quarter ... Empire for the first time in 20 years. But Prologis executives said industrial demand in these markets will normalize later ...

Jan 17, 2024
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Germany
News

Prologis CEO Moghadam: Industrial Is Returning To Normal After 'Ridiculous' Few Years

... downward pressure to the leasing velocity in the market, Prologis Managing Director for Global Strategy and Analytics Chris Catan ... cargo for the busy holiday shopping season, Caton said.  Prologis executives said the dynamics at play in Southern California, ...

Jul 18, 2023
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Germany
News

Prologis Pivoting Away From Spec, Ramping Down Dispositions As Market Softens

... basis. The 165M SF Duke Realty Corp. portfolio, which Prologis acquired earlier this month, closed the quarter with 99% ... its guidance for property dispositions, Arndt and Moghadam said. Prologis is also reducing its development activity as construction and ...

Oct 19, 2022
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Prologis Shakes Off Tariff Doldrums, Predicts Industrial Demand Resurgence
News

Prologis Shakes Off Tariff Doldrums, Predicts Industrial Demand Resurgence

... weighed on activity in 2025, but the tone from Prologis executives incrementally shifted across the year. Arndt said industrial ... growing number of new construction starts also signals that Prologis’ customers are moving ahead on large development projects. ...

Jan 21, 2026
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Industrial distribution
News

Prologis: Expect Industrial Rents To Rise Another 10% This Year

... SF of industrial space in the development pipeline, according to Prologis. Of that, 70% is pre-leased.  Surging demand will ... conditions.  ​​“Space in our markets is effectively sold out,” Prologis Chief Financial Officer Thomas Olinger said in the company’s ...

Feb 10, 2022
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Prologis CEO To Tenants Fighting For Its Properties: I Know What You Did Last Summer
News

Prologis CEO To Tenants Fighting For Its Properties: I Know What You Did Last Summer

... initial shock of the coronavirus pandemic last year, allows Prologis to deny lease renewals for tenants it believes attempted to ... and operating margins," Anderson said. In the first quarter, Prologis purchased $225M in land, and the company expects its pace ...

Apr 20, 2021
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