MEXICO CITY, Sept. 24, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, has acquired a wholly-owned industrial park which holds 8 buildings, from a third party located in Mexico City for an aggregate purchase price of US$190.1 million, including closing costs. The buildings, which comprise 1.5 million square feet of industrial space, are almost fully leased in US dollars. The customers profiles are 3PLs, light manufacturing and e ...

Pivoting to AI infrastructure with its data center business, Prologis (NYSE: PLD ) is evolving beyond just an industrial REIT. Moreover, it was trading around $129.28 at the time of writing, well below its April 2022 high of nearly $173 when the FederalAs a tech-focused industry Research Analyst, I aim to provide differentiated insights, whether it is for investing, trading, or informational reasons. For this purpose, I am not a classical equity researcher from the financial sector, but, I come from the IT ...

Prologis (NYSE: PLD ) is the largest industrial REIT in the world with ~$200B AUM (assets under management) globally. Most of it is located across the US (~65%) and the rest is in Europe, Asia, and Latin America.Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’s one of the most accessible path ...

Prologis Inc. (NYSE: PLD ) is a relatively unknown real estate stock despite its global importance. The company is the global leader in logistics with whole ownership or co-investments in a total of 115 million square meters ofI am always on the lookout for strongly undervalued stocks, in the dirt and under the rocks. Following me will allow you to read about little known, forgotten and underrated stocks, in any geography and sector.My name is Akim and I am a professional portfolio manager for investment fu ...

Prologis (PLD) closed the most recent trading day at $129.28, moving -0.54% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.13%. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.52%.The industrial real estate developer's shares have seen an increase of 5.8% over the last month, surpassing the Finance sector's gain of 4.44% and the S&P 500's gain of 3.67%.The investment community will be closely monitorin ...

Group 1: Verizon Communications Inc. (VZ) - Verizon's shares have increased by +22.2% year-to-date, compared to the Zacks Wireless National industry's gain of +27.7% [2] - The company is expected to benefit from the deployment of a cloud-native, container-based, virtualized architecture, enhancing flexibility, scalability, and cost efficiency [2] - Customer-focused planning and steady infrastructure investments are positive factors, while lower wireline and wireless equipment revenues, high promotional expenses, and a muted guidance for 2024 are concerns [3] Group 2: Prologis, Inc. (PLD) - Prologis' shares have risen by +7.9% over the past year, against the Zacks REIT and Equity Trust - Other industry's gain of +25.7% [4] - Projected rental revenues for 2024 are expected to increase by 10.4% year-over-year, supported by a strong portfolio of strategically located industrial facilities [4] - However, high interest rates and a volatile environment may affect net absorptions, with a projected 12.2% year-over-year rise in interest expenses for 2024 [5] Group 3: Medtronic plc (MDT) - Medtronic's shares have gained +13.6% over the past year, compared to the Zacks Medical - Products industry's gain of +20.2% [6] - The company is expanding its global presence to meet the demand for advanced medical devices, particularly in the Cardiovascular segment [6][7] - Innovations and market expansion efforts are helping Medtronic offset inflation and supply disruptions, supported by a strong liquidity position [7] Group 4: Crimson Wine Group, Ltd. (CWGL) - Crimson Wine's shares have outperformed the Zacks Beverages - Alcohol industry year-to-date, with a gain of +0.9% compared to -6.2% [8] - The company has a market capitalization of $123.36 million and a robust balance sheet with $16.86 million in cash and low debt [8] - However, risks include declining sales in wholesale and direct-to-consumer channels, rising operating expenses, and exposure to climate risks [9]

Prologis (PLD) is well-poised to benefit from its portfolio of strategically located modern logistics facilities in some of the world’s busiest distribution markets and substantial scale. Strategic buyouts and development activities appear promising. A solid balance sheet aids its growth endeavors.However, the choppiness in the industrial real estate market and subdued demand remain a concern for Prologis. High borrowing expenses amid elevated interest rates add to its woes.What’s Aiding Prologis?Prologis p ...

Prologis (PLD) closed the latest trading day at $132.40, indicating a +1.65% change from the previous session's end. This change outpaced the S&P 500's 0.45% gain on the day. At the same time, the Dow lost 0.23%, and the tech-heavy Nasdaq gained 0.84%.Shares of the industrial real estate developer have appreciated by 8.55% over the course of the past month, outperforming the Finance sector's gain of 4.51% and the S&P 500's gain of 2.54%.Analysts and investors alike will be keeping a close eye on the perform ...

Prologis, Inc. (NYSE:PLD) 2024 Bank of America Global Real Estate Conference Call September 10, 2024 12:45 PM ET Company Participants Tim Arndt - Chief Financial Officer Conference Call Participants Camille Bonnel - Bank of America Camille Bonnel Good afternoon and welcome everyone to our afternoon session with Prologis. My name is Camille Bonnel; I am the Industrial REIT Analyst here at Bank of America. And I'd like to welcome back Tim Arndt, CFO. And many of you might be meeting Justin Mang for the first ...

Company Overview - Prologis, Inc. is the global leader in logistics real estate, focusing on high-barrier, high-growth markets [2] - As of June 30, 2024, the company owned or had investments in properties and development projects totaling approximately 1.2 billion square feet (115 million square meters) across 19 countries [2] - Prologis leases modern logistics facilities to around 6,700 customers, primarily in business-to-business and retail/online fulfillment sectors [2] Upcoming Events - Tim Arndt, the chief financial officer of Prologis, will present at the BofA Securities 2024 Global Real Estate Conference on September 10, 2024, at 12:45 p.m. ET [1] - The presentation will be available via live audio webcast [1]