Prologis sees ‘normalization’ in warehouse demand off all-time highs
Logistics real estate investment trust Prologis on Monday pointed to some moderation in demand trends but pushed its full-year financial expectations higher.
Logistics real estate investment trust Prologis on Monday pointed to some moderation in demand trends but pushed its full-year financial expectations higher.
Logistics warehouse owner Prologis reported in-line second-quarter financials Monday but full-year expectations were increased on “healthy demand.”
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Exports, production of heavy-duty trucks from Mexico drop in May; Kansas City Southern de Mexico commits $120 million to new projects; Prologis building distribution warehouse in Dallas area; and Amazon opens sixth logistics warehouse in Mexico.
Real estate logistics provider Prologis set a net-zero emissions target for 2040 along with other targets in its environmental, social and governance report.
Acuerdo alcanzado tras meses de rechazo
Acuerdo alcanzado tras meses de rechazo
Logistics warehouse operators Prologis and Duke Realty have come to terms in a $26 billion deal.
Prologis’ research arm released several data points Wednesday pointing to prolonged tightness in warehouse markets.
Logistics real estate investment trust Prologis makes a $24 billion all-stock offer for competitor Duke Realty.
Logistics real estate operator Prologis beat first-quarter estimates and raised its outlook for the year. The company sees no near-term loosening in warehousing markets.
Logistics real estate heavyweight Prologis beat first-quarter expectations and raised full-year 2022 guidance on Tuesday.
More inventory requires more space. Real estate services firm JLL sees space in short supply alongside heightened rents through 2023.
Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.
DOT is leading a freight data exchange pilot project that it envisions as a long-term effort to speed cargo flow and cut costs for consumers.
A report from logistics real estate operator Prologis downplays the number of office buildings that can be repurposed to industrial use.
Logistics real estate owner and operator Prologis Inc. announced the retirement of its CFO effective April 1.
A Thursday report from logistics real estate investment trust Prologis shows market rents grew at the fastest pace recorded during 2021.
Prologis provided better-than-expected 2022 guidance on Wednesday, citing the expectation that demand will continue to outpace logistics real estate additions during the year.
Logistics real estate investment trust Prologis issued 2022 guidance ahead of expectations on Wednesday.
“We’ll see real progress as more companies have leadership at the highest levels in the company focused on sustainability and incorporating sustainability into business strategy,” said Susan Uthayakumar, chief sustainability and energy officer at Prologis.