PLD · News · 20260921N

Occupancy and Leasing Activity

Prologis, Inc. · 2026-09-21 · Importance 23 · Surprise 24

Prologis reported improving leasing activity as it moved through the third quarter. Occupancy was rising, while market rents continued to show positive growth. The company is extending its logistics real-estate strategy beyond traditional warehouses into data centers, power infrastructure, and advanced distribution facilities, supported by demand for computing capacity and efficient distribution.

Key facts

• Prologis Chief Financial Officer Tim Arndt said the company continues to see improving leasing activity, rising occupancy and positive market rent growth as it moves through the third quarter. source
• Prologis's expansion into data centers, power infrastructure and advanced distribution facilities is driven by strong leasing activity. source