Prologis Inc PLD

Prologis, Inc. is a real estate investment trust (REIT). Operating internationally, the company primarily invests in industrial properties in the logistics sector with a focus on high-barrier, high-growth markets. Founded through a merger between Prologis and AMB Property Corporation in 2011, Prologis has its headquarters in San Francisco, California.

Prologis operates through Real Estate Operations and Strategic Capital segments. Through the Real Estate Operations segment, the company owns and develops logistics properties. The Strategic Capital segment manages unconsolidated co-investment ventures and other ventures. As of 30 September 2021, the company owns or has investments in approximately 994 million square feet of properties and development projects in 19 countries. The company has ownership or is invested in approximately 4,675 buildings. Prologis leases modern logistics facilities to approximately 5,500 customers.

Available on the NYSE, Prologis is listed under the ticker PLD. In 2003, the company became part of the S&P 500 index. Prologis is one of the largest real estate companies in the world for industrial properties. Company assets include logistics facilities and distribution centres in the Americas, Asia, and Europe. Some of the company's customers have included Amazon, DHL, FedEx, PepsiCo, Walmart, and UPS.

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