Prologis, Inc.'s Stock Analysis

Prologis Appoints Alfred F. Kelly, Jr. to Board of Directors

Prologis, Inc. has appointed Alfred F. Kelly, Jr. as a director on June 29, 2026. Mr. Kelly is recognized as an independent director and will join the Board Governance and Nomination Committee. His compensation will follow the company's non-employee director compensation program, as outlined in the definitive proxy statement for the 2026 Annual Meeting of Stockholders.

Alfred F. Kelly, Jr. has extensive leadership experience, having served as the CEO of Visa Inc. from 2016 to 2023 and holding various senior roles at American Express. Since 2024, he has been an Advisory Director at Berkshire Partners and is also on the board of General Motors, contributing to the Audit Committee and the Risk and Cybersecurity Committee. His educational background includes a Bachelor of Arts in Computer Science and an MBA from Iona University.

Jul 01, 2026 08:37:28

Prologis Proposes All-Stock Acquisition of SEGRO plc

Prologis, Inc. has proposed an all-share acquisition of SEGRO plc, offering to acquire the entire issued share capital of SEGRO. This proposal was communicated in a letter sent on June 16, 2026, but was rejected by SEGRO's Board on June 23, 2026. Prologis is encouraging SEGRO shareholders to push for discussions with its Board to consider a binding offer.

In compliance with UK takeover regulations, Prologis must announce its intentions regarding a firm offer for SEGRO by July 22, 2026. The outcome of this potential transaction remains uncertain, as SEGRO's cooperation is not guaranteed, and various factors could affect the completion of any proposed deal, including market conditions and regulatory approvals.

Jun 24, 2026 06:19:20

Prologis to Issue ¥44.7 Billion in New Notes

Prologis, L.P. plans to close the issuance of new Notes on June 11, 2026, which includes ¥32.6 billion in 2.527% Notes due 2030, ¥3.5 billion in 3.389% Notes due 2035, and ¥8.9 billion in 3.905% Notes due 2041. The Underwriting Agreement for this offering has been established with Mizuho Securities USA LLC, Morgan Stanley & Co. International plc, and SMBC Nikko Securities America, Inc. The net proceeds from the sale, estimated at approximately ¥44.7 billion or $280.6 million, will be utilized to repay borrowings under the Operating Partnership’s Japanese yen revolving credit agreement and for general corporate purposes.

The Notes are senior unsecured obligations guaranteed by the Operating Partnership and will be redeemable under certain conditions. The Indenture governing the Notes imposes restrictions on the Operating Partnership’s ability to incur additional debt or engage in significant asset transactions. The Notes are part of a public offering registered with the SEC, and related documents have been filed as part of this offering process.

Jun 10, 2026 21:55:35

Prologis Stockholders Vote Results from Annual Meeting 2026

At the Annual Meeting of Stockholders held on April 28, 2026, Prologis, Inc. stockholders voted on several proposals. The final results of these votes are detailed in the Company's Definitive Proxy Statement filed on March 19, 2026.

The report confirms that the necessary requirements of the Securities Exchange Act of 1934 have been met, with the document signed by authorized representatives of the Company.

Apr 30, 2026 17:29:44

Prologis Stockholder Meeting Results Announced for 2026

Prologis, Inc. held its Annual Meeting of Stockholders on April 28, 2026, where stockholders voted on several proposals. The final results of these votes are detailed in the Definitive Proxy Statement filed with the SEC on March 19, 2026.

The report also includes signatures from authorized representatives as required by the Securities Exchange Act of 1934. This documentation provides transparency regarding the decisions made by stockholders, which may impact investor sentiment and stock performance.

Apr 30, 2026 17:29:44

Prologis Issues C$850 Million in Senior Unsecured Notes

Prologis, L.P. plans to close the issuance of C$850,000,000 in 4.250% senior unsecured notes, maturing on May 15, 2034, on April 27, 2026. The notes were priced on April 20, 2026, and will generate approximately C$839.9 million in net proceeds, which the company intends to use for general corporate purposes, including debt repayment. The issuance is governed by an indenture that restricts the Operating Partnership's ability to incur additional debt and engage in significant asset transactions.

The notes will be redeemable at the Operating Partnership's option prior to the Par Call Date of February 15, 2034, at a price equal to the greater of the principal amount or the present value of remaining scheduled payments. After the Par Call Date, they can be redeemed at 100% of the principal amount. This offering is part of a public offering registered with the SEC under a previously filed registration statement.

Apr 27, 2026 08:03:29

Prologis Announces $1.2 Billion Notes Offering and Terms

Prologis, L.P. plans to issue $500 million of 4.250% Notes due 2031 and $750 million of 4.900% Notes due 2036, with the offering expected to close on April 23, 2026. The net proceeds from this issuance are estimated to be approximately $1.2 billion and will be used for general corporate purposes, including repaying borrowings under its commercial paper program and potentially other debts. The Notes are senior unsecured obligations of the Operating Partnership.

The 2031 Notes will mature on June 15, 2031, and the 2036 Notes on June 15, 2036. Both series of Notes will be redeemable at the option of the Operating Partnership, with specific redemption prices outlined. Additionally, the Indenture governing the Notes imposes restrictions on the Operating Partnership's ability to incur further indebtedness or engage in significant asset transactions.

Apr 23, 2026 08:03:31

Prologis Reports First Quarter 2026 Financial Results

Prologis, Inc. reported its first quarter 2026 financial results, highlighting total revenues of $2.3 billion, an increase from $2.1 billion in the same period of 2025. Net earnings attributable to common stockholders rose to $981 million, or $1.05 per diluted share, compared to $592 million, or $0.63 per diluted share in the prior year. The company’s annual net operating income (NOI) reached $6.9 billion, reflecting its extensive portfolio of logistics properties across 20 countries, totaling approximately 1.3 billion square feet. Prologis maintains a diverse customer base of around 6,500 clients, primarily in business-to-business and retail sectors.

In terms of operational metrics, Prologis reported an average occupancy rate of 95.4% across its owned and managed properties. The company also indicated a significant increase in estimated value creation from development stabilizations, amounting to $387 million compared to $240 million in the previous year. For 2026, Prologis provided guidance for core funds from operations (FFO) attributable to common stockholders in the range of $6.07 to $6.23 per share, reflecting its ongoing focus on capital deployment and strategic growth initiatives.

Apr 16, 2026 08:05:30

Prologis Secures $3 Billion Credit Facility with Bank of America

Prologis, L.P. has entered into a new Amended and Restated Global Senior Credit Agreement, known as the 2026 Global Facility, with a total borrowing capacity of approximately $3 billion. This facility allows for loans and letters of credit on a revolving basis, with a U.S. Dollar Tranche of $2 billion and a Euro Tranche of about €864.2 million. The facility is set to mature on June 28, 2030, with options for extensions up to two additional six-month periods.

The pricing under the 2026 Global Facility is influenced by the Operating Partnership's public debt ratings, currently set at a spread of 65 basis points. The agreement includes standard representations, covenants, and defaults, with the Operating Partnership guaranteeing all obligations of the borrowers. Notably, Prologis, Inc. is not required to guarantee these obligations unless it incurs new debt or guarantees debt not already covered under the facility.

Mar 30, 2026 19:31:24

Prologis Reports Fourth Quarter 2025 Financial Results

Prologis, Inc. announced its financial results for the fourth quarter of 2025, reporting $2.25 billion in total revenues, an increase from $2.20 billion in the same quarter of 2024. The company's net earnings attributable to common stockholders reached $1.40 billion, or $1.49 per diluted share, compared to $1.28 billion, or $1.37 per diluted share, in the prior year. The annual net operating income (NOI) was reported at $6.7 billion, with a significant portion of assets concentrated in the United States, which accounted for 85% of NOI. Prologis continues to maintain a diverse customer base of approximately 6,500 clients across various sectors, including business-to-business and retail fulfillment.

In terms of operational metrics, Prologis reported an average occupancy rate of 94.8% and a same-store NOI growth of 5.75% to 6.75% for 2026. The company is planning significant capital deployment, with development stabilizations expected to range from $2.25 billion to $2.75 billion and development starts projected between $3 billion and $4 billion. Additionally, Prologis has hedged its foreign exchange rates for most of its estimated 2026 earnings, insulating results from currency fluctuations.

Jan 21, 2026 08:06:29