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Germany
News

Prologis Buying Industrial Property Trust For $4B In Cash

... consistent with our U.S. investment strategy and footprint,” Prologis Chief Investment Officer Eugene Reilly said in a statement. ... , in addition to enhancing customer relationships and insights.” Prologis recently lost out to Blackstone when the New York ...

Jul 15, 2019
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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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Prologis Pulaski Distribution Center
News

Prologis Denying Most Rent Relief, Halting Spec Development

... and are all structured for repayment this year, Prologis Chief Financial Officer Thomas Olinger said.  The company's ... properties might come from speculative development slowing down, while Prologis Chief Investment Officer Eugene Reilly pointed to progress ...

Apr 22, 2020
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Distribution center
News

Prologis Reportedly Interested In Buying GLP, Precluding Record IPO

... in assets under management worldwide, but the publicly traded Prologis dwarfs it in both categories. According to its first- ... worldwide, with $97B worth of total assets under management. Prologis is no stranger to massive acquisitions, having purchased DCT ...

May 12, 2019
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Prologis CEO: Industrial Tenants In ‘Panic Mode’ When It Comes To Snapping Up Space
News

Prologis CEO: Industrial Tenants In ‘Panic Mode’ When It Comes To Snapping Up Space

... wake of the coronavirus pandemic. “Demand is just crazy,” Prologis CEO Hamid Moghadam said in the company’s Q3 earnings ... Times. “Space in our markets is effectively sold out,” Prologis Chief Financial Officer Thomas Olinger said in the earnings call ...

Oct 25, 2021
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Germany
News

Prologis Buying DCT Industrial For $8.4B

... .S. industrial giants are pursuing behemoth status with a merger. Prologis has come to terms to buy DCT Industrial Trust for ... owns 71M SF of industrial properties. The purchase will allow Prologis to gain a deeper foothold in high-growth industrial markets ...

Apr 29, 2018
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Industrials under pressure due to increased e-commerce
News

Prologis: The Next 10 Years In Logistics Real Estate

... will continue. Future industrial space will support what Prologis calls synchronized commerce, which involves retailers ramping up ... chain costs, these efficiency gains have significant implications, Prologis reports. Each 1% savings on transportation and ...

Sep 20, 2018
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handshake
News

Prologis Enters $611M European Deal, Grabs JV Including Germany's Allianz

... firm's first major move into Europe this year. Prologis Targeted Europe Logistics Fund will acquire Europe Logistics Venture ... and the Netherlands. The merger strengthens the partnership between Prologis and Allianz, with experts saying the assets in each ...

Jan 17, 2017
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Prologis, Norges Bank Sell $1.1B Industrial Portfolio To Singapore's Mapletree
News

Prologis, Norges Bank Sell $1.1B Industrial Portfolio To Singapore's Mapletree

... Bank accounting for the remaining ownership stake in both. Prologis Chief Investment Officer Michael Curless told CoStar that the ... strategy. The disposition of assets occurred not long after Prologis' $8.4B acquisition of DCT Industrial, which added 71M ...

Oct 03, 2018
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Hamid Moghadam Prologis
News

Prologis CEO: Industrial Supply Could Outpace Demand By Next Year

... , we now expect supply to slightly outpace demand in 2018," Prologis CEO Hamid Moghadam said on the REIT's Q1 earnings ... Empire.  Given the coming oversupply in many U.S. markets, Prologis is beginning to shift its focus to Europe. The REIT ...

Apr 25, 2017
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