CEO Hamid Moghadam positions Prologis to succeed in the global economy.
E-Commerce Impact Still in “Early Innings,” Prologis Says
Chris Caton, global head of research at Prologis Inc. (NYSE: PLD), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Prologis owns and operates industrial real estate focused on global and regional markets across the Americas, Europe and Asia.
Caton addressed the reasons why there has been such a strong market for industrial real estate.
ESG Principles Underscore Sustainability Achievements, Prologis Executive Says
Jeannie Renne-Malone, vice president of sustainability at Prologis, Inc. (NYSE: PLD), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Prologis was the industrial sector winner of the 2015 NAREIT Leader in the Light Awards. Renne-Malone noted that Prologis has won the Leader in the Light award for four consecutive years.
Industrial REIT Prologis Buying KTR Capital for $5.9 Billion
Prologis, Inc. (NYSE: PLD) said April 19 it has agreed to buy industrial property owner KTR Capital Partners through a joint venture for a total of $ 5.9 billion.
The properties will be acquired by Prologis U.S. Logistics Venture (USLV), a consolidated joint venture with Norges Bank Investment Management (NBIM), the manager of the Norwegian Government Pension Fund Global. Prologis holds a 55 percent stake in the joint venture.
Prologis: Leasing Demand From E-Commerce Sector Doubled in Last Three Years
Global leasing demand from the e-commerce sector has doubled during the last three years, and the strong growth trend is expected to continue, according to a new report from industrial REIT Prologis, Inc. (NYSE: PLD).
“Online fulfillment is in its infancy, and we anticipate e-commerce will create significant new demand for logistics real estate well into the future,” said Chris Caton, vice president and head of Prologis’ research arm.