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Prologis (PLD) Q2 2024 Earnings Call Transcript. Motley Fool Transcribing, The Motley Fool. July 17, 2024 at 4:45 PM. Logo of jester cap with thought bubble. Image source: The Motley Fool ...
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.
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 ...
Prologis stock has shed nearly 30% of its value from the peak in early 2022. A big factor weighing on the industrial REIT is the concern that demand for warehouse space will slow because of a ...
Prologis (PLD) is well poised to benefit from high demand in the industrial real estate space. However, intensifying trade tensions and rising supply remain concerns.
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. Moghadam currently serves as Prologis ...
Incorporated in 2007 as Global Logistic Properties, [10] it was subsequently listed on the Singapore Exchange in 2010 by co-founders Ming Mei and Jeffrey Howard Schwartz. [11] [12] Schwartz and Mei had both worked for American logistics real estate investment trust company Prologis; Schwartz was a chief executive and Mei launched the company's operations in China. [13]
Prologis follows a version of the one developed by its predecessor, AMB Property Corp., which Moghadam cofounded in 1983: “It was to be a global leader in the real estate sector, by building a ...