Company
Official Name: Prologis, Inc.
Headquarters: San Francisco, CA, United States
Founded: 1983
Employees: 2,053
CEO: Mr. Hamid R. Moghadam
$121.20 Billion
USD as of April 1, 2022
Prologis, Inc. is a multinational real estate investment trust specialized in logistics, also involved in sustainable development and renewable energy production. The world’s leader in industrial real estate, Prologis owns more than 4,600 logistics and distribution centers and facilities in 19 countries of America, Europe, and Asia, representing more than $136 Billion of assets under management.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in warehouses. The company was formed through the merger of AMB Property Corporation and ProLogis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 31, 2020, the company owned 4,703 buildings comprising 984 million square feet in 19 countries in North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves over 5,000 tenants. Prologis created a venture capital arm in 2016.
Source: Wikipedia, retrieved on June 12, 2022, 10:58 p.m.
Commercial and industrial real estate
Founder(s): Hamid Moghadam Doug Abbey T. Robert Burke
Hamid Moghadam (Chairman and CEO) Gary E. Anderson (Chief Operating Officer) Eugene F. Reilly (Chief Investment Officer)
Revenue: $4.439 billion (2020)
Operating income: $3.1 billion (2020)
Net income: $1.473 billion (2020)
Total assets: $56.065 billion (2020)
Total equity: $36.325 billion (2020)
Prologis, Inc. has the following listings and related stock indices.
Stock: NYSE: PLD
Stock: BMV: PLD
Stock: Bovespa: P1LD34
Stock: OTC: PLDGP