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Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. [5] 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.
Hamid Moghadam (born August 26, 1956) is an Iranian-American business executive and philanthropist. [1] [2] [3] In 2011, Moghadam orchestrated the combination between AMB, [4] a firm he co-founded in 1983, [1] [2] and ProLogis to create Prologis, the largest logistics real estate company in the world.
Prologis (PLD) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The world's leading logistics real estate investment trust (REIT) Prologis Inc. (NYSE: PLD) noted in its third-quarter earnings report that demand is improving across several sectors of the economy.
Prologis (PLD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Amid the healthy industrial real estate market, Prologis (PLD) is well-poised to benefit from its capacity to offer modern distribution facilities at strategic locations. Key Factors Why Prologis ...
On June 7, 2005, Catellus Development Corporation announced it will merge into ProLogis (NYSE: PLD) for $3.6 billion ($5.5 billion in 2018 dollars). [5] The deal closed on September 15, 2005. In late 2010, The private equity firm TPG Capital announced its intent to acquire a collection of real estate and the Catellus trademark from ProLogis. [6]
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