Core Insights - First Industrial Realty Trust, Inc. reported a diluted net income per share of $0.42 for Q2 2025, up from $0.39 in the same period last year, and funds from operations (FFO) of $0.76 per share/unit, compared to $0.66 a year ago [1][5][20] Portfolio Performance - The company's diverse portfolio is performing strongly, with cash rental rate growth among sector leaders and healthy renewal activity [2] - Cash basis same store net operating income (SS NOI) increased by 8.7%, driven by rental rate increases on new and renewal leases [6][26] - In-service occupancy was 94.2% at the end of Q2 2025, down from 95.3% at the end of Q1 2025 and Q2 2024 [6] Development and Leasing Highlights - During Q2 2025, the company leased 58,000 square feet at First Loop Logistics Park Building 4 in Orlando [3] - The company started two development projects totaling 402,000 square feet with an estimated total investment of $54 million [7] Investment and Capital Markets Highlights - The company completed its first public bond offering since 2007, issuing $450 million of 5.25% senior unsecured notes due January 15, 2031 [5][7] - The company received a 'BBB+' unsecured credit rating from Fitch Ratings [5][7] Financial Guidance - The company provided guidance for 2025, estimating net income available to common stockholders and unitholders between $1.53 and $1.61 per share/unit, and NAREIT FFO between $2.88 and $2.96 per share/unit [8][9]

Prologis (PLD) Q2 2025 Earnings Call July 16, 2025 12:00 PM ET Company ParticipantsAbhishek Kastiya - Director - IRTim Arndt - CFOChris Caton - MD - Global Strategy & AnalyticsDan Letter - PresidentCaitlin Burrows - Vice PresidentHamid Moghadam - Co-Founder, Chairman & CEOThomas Catherwood - MD & REITs Equity ResearchKi Bin Kim - MD - US REIT Equity ResearchVikram Malhotra - Managing DirectorSamir Khanal - Director - US REITsVince Tibone - Managing Director and Head of US Industrial & Mall ResearchBrendan L ...

Prologis (PLD) Q2 2025 Earnings Call July 16, 2025 12:00 PM ET Speaker0Greetings and welcome to the Prologis Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Abhishek Castilla, Director of Investor Relations.Thank you. You may begin.Speaker1Thanks, Molly, and good morning, everyo ...

Company Overview - Prologis owned or had investments in properties and development projects expected to total approximately 13 billion square feet in 20 countries as of June 30, 2025[9] - The company leases modern logistics facilities to approximately 6,500 customers[9] - The build out of land (TEI) is $415 billion[10] Financial Performance - Rental and other revenues for the three months ended June 30, 2025, were $2037 million, compared to $1853 million for the same period in 2024[25] - Core FFO attributable to common stockholders/unitholders for the three months ended June 30, 2025, was $1396 million, compared to $1281 million for the same period in 2024[25] - AFFO attributable to common stockholders/unitholders for the three months ended June 30, 2025, was $1036 million, compared to $1072 million for the same period in 2024[25] - Strategic capital revenues for the three months ended June 30, 2025, were $147 million, compared to $155 million for the same period in 2024[25] Operations - The company's annual NOI is $64 billion[12] - 85% of the company's NOI comes from the U S[10] - The average occupancy for the Prologis Share was 95%[66] Strategic Capital - The company's gross AUM is $205 billion[17] - The company's Prologis Share AUM is $139 billion[23] - Fees and promotes are $452 million[14] Capital Deployment - Value creation from stabilizations is $731 million[23] - The estimated build out of the land portfolio is 216 million square feet, with a TEI of $379 billion[99]

新华财经北京7月7日电戴德梁行7日发布的《2025年二季度北京写字楼零售市场报告》显示，二季度北 京写字楼市场租金降幅持续收窄，零售市场在政策支持下迎来新项目集中入市与存量改造提速，外资机 构对中国内地公募REITs市场的布局亦显著加速。 写字楼市场：租金调整筑底续租与TMT行业为成交主力 数据显示，二季度北京写字楼市场没有新增供应入市，甲级写字楼总存量维持在1368万平方米，北京市 和五大核心商圈市场季度净吸纳量分别为39677平方米和-3984平方米。"本季度租赁活跃度受需求端收 缩影响显著，"戴德梁行北区项目及企业服务部主管邓姗姗指出，"企业扩张意愿减弱及退租和缩租现象 导致本季度租赁活跃度欠佳。" 上半年，北京市写字楼市场半年度净吸纳量达19.4万平方米，同比增长2.5%，空置率较2024年底下降 1.4个百分点至16.9%；五大核心商圈半年度净吸纳量11.1万平方米，同比增长9.0%，空置率降至 10.9%。租金方面，自2023年下半年开始，历经7个季度调整后，北京市租金环比下降2.3%至每月每平 方米人民币221.94元，五大核心商圈租金环比下降2.6%至每月每平方米人民币257.58元，降幅呈收 ...

Core Insights - DANONE has selected ARGAN for a future logistics site in Tours, indicating a strategic partnership aimed at enhancing operational efficiency and sustainability [1][5] - The new site will feature an Aut0nom®-labelled positive cold storage warehouse, emphasizing ARGAN's commitment to environmentally friendly practices [2][6] Group 1: Site Details - The new logistics site will be located in Sorigny, a prime area with direct access to major highways, enhancing logistical efficiency [3] - The site will cover 8,200 sq.m, including a 6,400 sq.m cold storage facility, and is expected to utilize green energy generated on-site [6] Group 2: Economic and Environmental Impact - The development will create a modern facility that combines economic efficiency with environmental excellence, preserving green landscapes on one-third of the land area [4] - The lease agreement between ARGAN and DANONE is for a fixed term of 9 years, starting from the expected delivery date in Summer 2026 [5] Group 3: Company Profile - ARGAN is a leading French real estate company specializing in the development and rental of premium warehouses, with a portfolio of 3.7 million sq.m valued at €3.9 billion [8] - The company has a strong financial position, reflected in its investment-grade rating (BBB- with a stable outlook) and a commitment to ESG policies [9]

Core Insights - DANONE has selected ARGAN for a future logistics site in Tours, indicating a strategic partnership aimed at enhancing operational efficiency and sustainability [1][5]. - The new site will feature an Aut0nom®-labelled positive cold storage warehouse, emphasizing ARGAN's commitment to environmentally friendly practices [2][6]. Company Overview - ARGAN is a leading French real estate company specializing in the development and rental of premium warehouses, with a focus on sustainability and customer-centric services [8][9]. - As of December 31, 2024, ARGAN's portfolio includes 3.7 million sq.m of warehouses valued at €3.9 billion, generating an annual rental income of approximately €205 million [10]. Project Details - The new logistics site in Sorigny will cover 8,200 sq.m, including a 6,400 sq.m cold storage area, and is expected to be operational by Summer 2026 [5][6]. - The site is strategically located near major highways and existing logistics infrastructure, enhancing accessibility and operational efficiency [3]. Environmental Commitment - The development will utilize renewable energy and maintain green landscapes on one-third of the land area, aligning with both ARGAN's and DANONE's sustainability goals [4][11]. - The Aut0nom® label signifies a commitment to carbon neutrality in building operations, which was a key factor in DANONE's decision to partner with ARGAN [7].

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Americold Realty Trust, Inc. (COLD) is a temperature-controlled logistics real estate and value-added services company. The Zacks Consensus Estimate for its current year earnings has been revised 5.9% downward over the last 60 days.Colony Bankcorp, Inc. (CBAN) is the bank holding company for Colony Bank. The Zacks Consensus Estimate for its current year earnings has been revised 6.4% downward over the last 60 days.DoubleDown Interacti ...

CHICAGO, July 1, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its second quarter 2025 results conference call on Thursday, July 17, 2025 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (833) 890-3273, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com.First Indu ...

Financial Supplement Second Quarter 2023 | Overview | PAGE | | --- | --- | | Corporate Profile | 3 | | Earnings Release | 5 | | Selected Quarterly Financial Data | 15 | | Financial Information | | | Consolidated Balance Sheets | 17 | | Consolidated Statements of Operations | 18 | | Reconciliation of Net (Loss) Income to NAREIT FFO, Core FFO and AFFO | 19 | | Reconciliation of Net (Loss) Income to EBITDA, NAREIT EBITDAre, and Core EBITDA | 21 | | Acquisition, Cyber Incident and Other, net | 22 | | Debt Detai ...