Prologis To Ramp Up Acquisitions, Says Market Has ‘Opened Up’

The world's largest industrial landlord has significantly increased the amount it plans to spend on acquisitions this year, signaling that the transaction market is beginning to heat up. Prologis now plans to spend between $1B and $1.5B this year to acquire properties, a 66.7% increase from its previous projection of $500M to $1B, it revealed in its second-quarter earnings report Wednesday. 

Prologis (NYSE: PLD)
Jim Neswold | VP, Market Officer-Nashville
Prologis (NYSE: PLD)
Susan Uthayakumar | Chief Energy and Sustainability Officer
Prologis (NYSE: PLD)
Jeff Foster | VP, Market Officer-Arizona

Additional Filters

Subcategory
Tags