Prologis Boosts 2025 Outlook on Growth
Real estate investment trust (REIT) giant Prologis (PLD 1.27%) reported its Q2 2025 earnings on Wednesday, July 16, reporting core FFO of $1.46 per share and occupancy at 95.1%, exceeding internal forecasts despite muted market absorption and modestly rising vacancies. Development starts reached a record $1.1 billion in the first half of 2025, with robust build-to-suit and data center momentum, prompting management to raise core FFO guidance to $5.75–$5.85 per share for FY2025 -- up $0.45 at the midpoint -- ...