MEXICO CITY, Aug. 7, 2024 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, declared today a cash distribution of Ps. 1,049.5 million (US$54.2 million), or Ps. 0.6828 per Certificado Bursátil Fiduciario Inmobiliario ("CBFI") (US$ 0.0352 per CBFI).The distribution is payable August 20, 2024, to CBFI holders.Ex-dividend date of August 19, 2024.Record date of August 19, 2024.Legal Basis Concept Generated Payment Date Total Amount (Ps$) Nu ...

MEXICO CITY, Aug. 6, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class A industrial real estate in Mexico, has acquired a significant majority of Terrafina's CBFIs, representing 77.14% of the outstanding certificates. This move further solidifies FIBRA Prologis' position as a leading player in Mexico's industrial real estate sector."We are delighted to have secured control of Terrafina with more than three-quarters of shareholders supporting FIBRA Prologis' tender. ...

SAN FRANCISCO, Aug. 6, 2024 /PRNewswire/ -- FIBRA Prologis today closed on its tender offer to acquire shares of FIBRA Terrafina with 77.14% of all shares under FIBRA Prologis control. Prologis, Inc. (NYSE:PLD), the global leader of logistics real estate, sponsors FIBRA Prologis, which acquires, owns and manages Class-A industrial real estate in Mexico's most desirable economic markets.FIBRA Terrafina manages approximately 42.2 million square feet of industrial real estate across several key markets, which ...

Core Insights - FIBRA Prologis successfully completed its tender offer to acquire up to 100% of the real estate trust certificates issued by CIBanco, acquiring 77.13% of the total outstanding Terrafina CBFIs [1][2] Group 1: Acquisition Details - FIBRA Prologis acquired 606,417,404 Terrafina CBFIs, representing 77.13% of the total outstanding [2] - The company issued 217,092,999 Exchange CBFIs in exchange for the tendered Terrafina CBFIs [2] - A total payment of MXN$11,782,140,300.00 was made to Terrafina's CBFI holders who opted for the Cash Option [2] Group 2: Company Overview - FIBRA Prologis is a leading owner and operator of Class A industrial real estate in Mexico, comprising 236 logistics and manufacturing facilities [3] - As of June 30, 2024, FIBRA Prologis has a total gross leasable area of 46.9 million square feet (4.4 million square meters) across six industrial markets in Mexico [3]

JACKSONVILLE, Fla., July 31, 2024 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency”) announced today that its Board of Directors (the “Board”) has appointed Gary E. Anderson as its newest member, effective as of August 1, 2024. Mr. Anderson recently retired from Prologis, Inc. (“Prologis”), a real estate investment trust that is a global leader in real estate logistics facility development and operation. With the addition of Mr. Anderson as an independent director, Regency will expand the size of i ...

Prologis is expanding into the data center sector.Prologis (PLD 1.87%) is the largest publicly traded real estate investment trust (REIT). It operates 1.2 billion square feet of warehouse space across several global markets. It's one of the biggest players in global trade (2.8% of global GDP flows through its distribution centers each year). The leading industrial REIT's dominance in logistics is one of the top reasons I own the stock. However, it recently began leveraging its massive land position and ener ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number: 001-13545 (Prologis, Inc.) 001-14245 (Prologis, L.P.) Prologis, Inc. Prologis, L.P. (Exact name of registrant as spe ...

Hiroshi Watanabe/DigitalVision via Getty Images Investment Thesis I bought a certain stake of shares around the time of my last publication on Prologis (NYSE:PLD). That was my first position in the Company and I consider adding more despite its recent stock price increases. Despite a decrease in occupancy rate, it is still solid given the market headwinds, which are likely to turn around in 2025. Moreover, PLD achieved high rent bumps, increased its 2024 acquisition volume and core FFO guidance, and has ...

Key TakeawaysPrologis, the world’s largest industrial real estate company, said that despite subdued customer demand, it sees an improvement ahead and boosted its full-year outlook.The real estate investment trust (REIT) also reported better-than-expected core funds from operations when it released second-quarter earnings Wednesday.Chief Financial Officer Timothy Arndt said Prologis is capitalizing on a "wide range" of growth opportunities. Prologis (PLD) shares gained Wednesday as the world’s largest indus ...

MEXICO CITY, July 17, 2024 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the second quarter 2024.HIGHLIGHTS FROM THE QUARTER: Net effective rents on rollover were 58.1 percent.Period-end and average occupancy were 98.4 and 98.6 percent, respectively.Customer retention was 65.8 percent.Same store cash NOI was 11.9 percent.Net earnings per CBFI was Ps. 0.7770 (US$0.0470) for the quarter compared with Ps. 3. ...