PLD · Real Estate

Prologis, Inc.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-08

• Equity Capital RaiseImportance 58 · Surprise 42
  Prologis completed a US$71.8 million equity sale and filed a separate US$5 billion common stock program. The reported rationale is to fund growth through new shares rather than debt, indicating a material potential…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  Prologis formed a joint venture with Gaming and Leisure Properties, Inc. to redevelop the former Hollywood Casino Joliet site in Illinois. The partners plan a 262-acre logistics park with warehouse and distribution…
• Development PipelineImportance 34 · Surprise 42
  Prologis formed a joint venture with Gaming and Leisure Properties to redevelop the former Hollywood Casino Joliet site in Illinois. The 262-acre property is planned as a large-scale warehouse and distribution park for…

News · 2026-11-06

• Acquisition / Partnership / DivestitureImportance 31 · Surprise 42
  Prologis entered a joint venture with Gaming and Leisure Properties (GLPI) to redevelop the former Hollywood Casino Joliet site into an industrial and logistics park. The project is GLPI’s first diversification beyond…
• Occupancy and Leasing ActivityImportance 20 · Surprise 24
  Prologis secured thermal battery company Antora Energy as tenant for its new 294,000-square-foot industrial building at 475 Sycamore Drive in Milpitas, California. Antora, which recently raised $550 million in venture…

News · 2026-11-04

• Acquisition / Partnership / DivestitureImportance 31 · Surprise 42
  Gaming and Leisure Properties announced a joint venture with Prologis, Inc. to redevelop a former casino property. The project will convert the property into a warehouse complex. Gaming and Leisure Properties said the…

News · 2026-11-03

• Acquisition / Partnership / DivestitureImportance 30 · Surprise 42
  Gaming and Leisure Properties Inc. (GLPI) is partnering with Prologis in a joint venture to redevelop a former casino property in Illinois. The planned logistics complex will cover 3.8 million square feet, and Prologis…
• Development PipelineImportance null · Surprise null
  Gaming and Leisure Properties is partnering with Prologis on a planned redevelopment of a former Illinois casino property into a 3.8 million-square-foot logistics complex. Prologis will manage the industrial…

News · 2026-11-02

• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  Prologis and Gaming and Leisure Properties (GLPI) formed a joint venture to redevelop the 262-acre former Hollywood Casino site at 777 Hollywood Boulevard in Joliet, Illinois. GLPI will contribute the land in three…
• Regulatory Approval MilestonesImportance 31 · Surprise 42
  The UK Competition and Markets Authority opened a formal inquiry into Prologis’s proposed acquisition of SEGRO plc and invited public comments on potential competition effects in the UK. The report did not specify a…
• Development PipelineImportance null · Surprise null
  Prologis and Gaming and Leisure Properties (GLPI) plan to redevelop the former Hollywood Casino site at 777 Hollywood Boulevard in Joliet, Illinois, into a five-building warehouse and distribution park totaling more…

News · 2026-11-01

• Acquisition / Partnership / DivestitureImportance 31 · Surprise 42
  Gaming and Leisure Properties announced its first industrial joint venture with Prologis. The report provides no investment amount, property or geographic details, or expected financial contribution for Prologis. It…
• Dividend DeclarationImportance 9 · Surprise 6
  Prologis recently paid a quarterly dividend of $1.07 per share. The reported annual dividend yield was 3.3%. The digest does not specify a new dividend authorization or a change to the payout.

News · 2026-10-31

• Equity Capital RaiseImportance 64 · Surprise 42
  Prologis filed a US$5 billion at-the-market follow-on offering of common stock, creating a substantial potential source of funding for development and acquisitions. The report says the program follows prior share…
• Acquisition / Partnership / DivestitureImportance 31 · Surprise 42
  Prologis entered a joint venture with Gaming and Leisure Properties, Inc. to develop a warehouse and distribution park in Joliet, Illinois. The reported project expands Prologis’ industrial footprint and aligns with…
• AI Data Center DemandImportance 17 · Surprise 24
  Prologis released its 2027 Global Supply Chain Outlook, highlighting energy use, AI adoption, and geopolitical disruption as factors influencing logistics real estate demand. The outlook says power availability is…

News · 2026-10-30

• Equity Capital RaiseImportance 59 · Surprise 42
  Prologis established an equity distribution agreement allowing it to issue up to $5 billion in common stock. Sales may be made through agents, as principal transactions, or through forward-sale arrangements, with…

News · 2026-10-21

• Guidance / OutlookImportance 51 · Surprise 60
  FIBRA Prologis updated its 2026 outlook for funds from operations per CBFI to US$0.2400–US$0.2500. The company projects year-end occupancy of 96.5%–97.5% for its Mexico industrial real-estate portfolio. The guidance…
• Occupancy and Leasing ActivityImportance 46 · Surprise 56
  FIBRA Prologis reported net effective rents on rollover of 36.2% in Mexico during the third quarter of 2026. Period-end occupancy was 96.5% across its Class-A industrial real estate portfolio. The portfolio comprised…
• Net Income and FFO PerformanceImportance 34 · Surprise 46
  FIBRA Prologis reported third-quarter 2026 net earnings per CBFI of US$0.1095, up from US$0.0530 in the third quarter of 2025. The year-over-year increase in net earnings per CBFI was approximately 106.6%.…
• Dividend DeclarationImportance 15 · Surprise 6
  FIBRA Prologis declared a cash distribution of Ps. 1,295.5 million, equivalent to US$70.1 million. The distribution equals Ps. 0.7766 per CBFI and is payable on November 4, 2026. The ex-dividend and record date is…

News · 2026-10-20

• Acquisition / Partnership / DivestitureImportance 44 · Surprise 60
  Prologis is expected to complete its combination with SEGRO in the first half of 2027. The reported transaction involves Prologis and SEGRO plc, although the digest does not disclose a transaction value. The…
• Quarterly Earnings PerformanceImportance 36 · Surprise 14
  Prologis reported third-quarter revenue growth of 7.8% year over year. Third-quarter net earnings were $0.86 per diluted share. Core FFO was $1.60 per diluted share, exceeding the quarterly earnings expectations…
• Occupancy and Leasing ActivityImportance 20 · Surprise 24
  Prologis reported average occupancy of 95.10% in the latest quarter. Third-party coverage characterized occupancy as higher and rent spreads as wider following the company’s third-quarter results. The commentary…

News · 2026-10-19

• Guidance / OutlookImportance 47 · Surprise 60
  Prologis narrowed its full-year 2026 Core FFO guidance following its third-quarter results. BMO Capital maintained an Outperform rating but reduced its price target to $150 from $152. The reported third-quarter revenue…
• Quarterly Earnings PerformanceImportance 13 · Surprise 6
  Prologis reported third-quarter 2026 revenue of $2.39 billion. Core FFO was $1.60 per diluted share for the quarter. The company narrowed its full-year Core FFO guidance following the third-quarter results, although…

News · 2026-10-18

• Guidance / OutlookImportance 36 · Surprise 24
  Prologis maintained its 2026 outlook following third-quarter reporting. Management projected 2026 net earnings per diluted share of $4.05 to $4.15. The company also projected 2026 Core FFO per diluted share of $6.25 to…
• Quarterly Earnings PerformanceImportance 33 · Surprise 6
  Prologis reported third-quarter 2026 revenue of USD 2.39 billion. Net earnings attributable to common stockholders were USD 816 million. Reported earnings were USD 1.60 per share and exceeded analyst expectations.
• Data Center Development PipelineImportance 23 · Surprise 24
  A Morningstar analyst report cited by Yahoo Finance said Prologis had a growing data center pipeline in its third-quarter 2026 results. The commentary indicates continued expansion of Prologis’s data center-related…

News · 2026-10-17

• Quarterly Earnings PerformanceImportance 36 · Surprise 6
  Prologis reported approximately US$2.4 billion of total revenue in Q3 2026. Funds from operations totaled about US$1.6 billion, while funds from operations per share was approximately US$1.67. The report characterized…

News · 2026-10-16

• Guidance / OutlookImportance 75 · Surprise 60
  Prologis raised its full-year 2026 development outlook to $5.0 billion-$5.75 billion and acquisition guidance to $2.1 billion-$2.3 billion. Management projected 2026 Core FFO of $6.25-$6.29 per diluted share and cash…
• Development PipelineImportance 64 · Surprise 42
  Prologis raised its 2026 development outlook to $5.0-$5.75 billion. Higher construction and financing costs have pushed rents required to justify new development 27% above prevailing market levels. The company also…
• Balance Sheet and LiquidityImportance 50 · Surprise 24
  Prologis reported $8.84 billion of liquidity after third-quarter 2026 results. The liquidity position is relevant to funding the increased $2.1-$2.3 billion acquisition outlook and $5.0-$5.75 billion development…
• Interest Rate OutlookImportance 47 · Surprise 48
  Prologis said higher interest rates are threatening property transactions and valuations. Rising construction and financing costs have pushed rents required to justify new development 27% above prevailing market…
• Data Center Capacity ExpansionImportance 34 · Surprise 42
  Prologis reported an expanding data center power pipeline of 5.8 gigawatts. Data center and power deals are projected to generate more than 150 million square feet of industrial demand by 2030. Management identified…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  Prologis is pursuing a planned combination with SEGRO plc, with the transaction still pending regulatory approval. The proposed deal is increasing investor and funding scrutiny, alongside Prologis's raised 2026…
• AI Data Center DemandImportance 34 · Surprise 42
  Prologis reported an expanding data center power pipeline of 5.8 gigawatts. Data center and power deals were described as a key growth driver, with projected demand exceeding 150 million square feet of industrial space…
• Occupancy and Leasing ActivityImportance 20 · Surprise 24
  Average portfolio occupancy improved to 95.1% in the third quarter of 2026. U.S. industrial net absorption reached 63 million square feet, while market vacancy declined to 7.1%. U.S. industrial rents increased 50 basis…
• Market Demand TrendsImportance 20 · Surprise 24
  Prologis cited improving logistics demand, with U.S. industrial net absorption reaching 63 million square feet in the third quarter. Market vacancy declined to 7.1%, while rents increased 50 basis points for the third…
• Quarterly Earnings PerformanceImportance 9 · Surprise 6
  Prologis reported third-quarter 2026 revenue of $2.39 billion and net income of $817.1 million. Core FFO increased to $1.60 per diluted share. Average portfolio occupancy was 95.1% during the quarter.

Earnings call · 2026-10-15

• Development PipelineImportance 79 · Surprise 66
  Prologis started $1 billion of development in the third quarter, bringing year-to-date starts to nearly $5 billion, and controls sites capable of supporting the next $40 billion of logistics development. The…
• Acquisition / Partnership / DivestitureImportance 75 · Surprise 60
  SEGRO shareholders overwhelmingly approved the combination with Prologis on September 28, 2026, and the transaction is proceeding through required regulatory clearances. Management expects the transaction to close in…
• Guidance / OutlookImportance 69 · Surprise 60
  Management narrowed full-year average occupancy guidance to 95.25%–95.50% and raised same-store growth guidance to 5.5%–6% on a net effective basis and 7%–7.5% on a cash basis. Strategic capital revenue excluding…
• Capital Recycling and ReturnsImportance 68 · Surprise 42
  Prologis acquired $950 million of real estate during the third quarter at an estimated 20% discount to replacement cost. Disposition activity totaled $310 million, and the acquisition-disposition IRR spread reached 150…
• Quarterly Earnings PerformanceImportance 66 · Surprise 56
  Core FFO was $1.60 per share in the third quarter of 2026, or $1.61 excluding net promote expense. Same-store NOI growth was 5.7% on a net effective basis and 5.9% on a cash basis. Rent change on rollover was 38% net…
• Occupancy and Leasing ActivityImportance 66 · Surprise 56
  Portfolio occupancy ended the quarter at 95.6%, with average occupancy at 95.1%, and management said the leasing pipeline was particularly advanced at the agreement stage. Rent change on rollover was 38% on a net…
• AI Data Center DemandImportance 57 · Surprise 42
  Prologis identified data center supply-chain customers as a rapidly growing source of logistics demand, representing approximately 10% of new leasing globally and 17% in the U.S. during the quarter. Management…
• Datacenter Power and CapacityImportance 57 · Surprise 42
  Prologis’s data center pipeline totals 5.8 gigawatts, including 1.7 gigawatts of secured power and 4.1 gigawatts in advanced stages. Letters of intent cover approximately 1 gigawatt, much of which management expects to…
• Balance Sheet and LiquidityImportance 50 · Surprise 24
  Prologis closed approximately $1.3 billion of debt financing during the third quarter at an average rate just under 4%. Approximately 95% of debt was fixed rate, with approximately eight years of average life…
• Rental Rate / Leasing SpreadsImportance 43 · Surprise 32
  Replacement-cost rents were 27% above current market rents, creating room for further rent growth before new construction becomes economically viable. U.S. market rents increased 50 basis points in the quarter, while…
• Market Demand TrendsImportance 39 · Surprise 40
  Management remains constructive on logistics demand despite the higher-rate environment, citing customer efficiency, e-commerce, advanced manufacturing and data-center supply-chain expansion. U.S. net absorption was…
• Interest Rate OutlookImportance 39 · Surprise 24
  Management said the recent increase in interest rates is expected to slow transaction activity and place pressure on property values. Higher financing costs and return requirements are making new logistics development…
• Data Center Regulatory RiskImportance 34 · Surprise 42
  Management said data-center moratoriums and related legislation have not affected Prologis’s quoted 5.8-gigawatt pipeline. Prologis applies a high bar before including power in the pipeline and believes the projects…
• Supply Chain And InventoryImportance 24 · Surprise 24
  Management said the logistics recovery is being supported by e-commerce, advanced manufacturing and the build-out of the data center supply chain. Data center-related logistics customers are building regional…
• Competition and Market PositionImportance 24 · Surprise 24
  Prologis said its portfolio quality, location quality and active asset management are allowing it to capture more than its fair share of leasing nationally and in Southern California. Management emphasized that its…
• Geographic Market CommentaryImportance 15 · Surprise 14
  U.S. demand is broadening geographically, with Houston, Dallas and Atlanta leading, while Southern California, Northern New Jersey and the San Francisco Bay Area are improving. The San Francisco Bay Area combines high…

8-K · 2026-10-15

• Quarterly Earnings PerformanceImportance 42 · Surprise 14
  Net earnings attributable to common stockholders increased to $815.7 million in the third quarter of 2026 from $762.9 million in the third quarter of 2025, a 6.9% increase. Diluted net earnings per share rose to $0.86…
• Occupancy and Leasing ActivityImportance 35 · Surprise 48
  Average occupancy for the owned and managed portfolio was 95.4% in the third quarter of 2026, while period-ending occupancy was 95.5% and the portfolio was 96.0% leased. The portfolio commenced 55.915 million square…
• Revenue Performance and MixImportance 33 · Surprise 6
  The unconsolidated co-investment ventures generated $1.391 billion of rental revenue in the three months ended September 30, 2026, including $569.1 million from Europe, $458.4 million from the U.S., $218.6 million from…
• Geographic Market CommentaryImportance 10 · Surprise 6
  The operating portfolio totaled 1.230 billion square feet across 20 countries, with the U.S. representing 78.6% of owned-and-managed square feet and 84.2% of Prologis Share third-quarter NOI. Prologis Share…