Prologis announces public offering of 15 million common shares
Underwriters J.P. Morgan and BofA Securities manage the offering; proceeds may fund potential SEGRO acquisition and general corporate purposes.
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Global logistics real estate company
prologis.comLast updated
In short: Prologis proposed a £14 billion acquisition of SEGRO and raised its 2026 guidance after record leasing activity in the second quarter.
Underwriters J.P. Morgan and BofA Securities manage the offering; proceeds may fund potential SEGRO acquisition and general corporate purposes.
The $18.8 billion deal expands Prologis' European platform by 47% and is expected to close in the first half of 2027.
The all-share offer with a £3.5bn cash alternative values SEGRO at £14bn and requests a deadline extension.
The company acquired 8.66 acres in Trafford Park to build a 200,000-sq-ft all-electric facility targeting BREEAM Outstanding and EPC A+.
ProLogis, Inc. is the worldwide leader of the detention, the management and the development of industrial of distribution. Net sales break down by activity as...
Prologis' rise in real estate showcases strategy, innovation and key acquisitions.
Prologis stock is supported by July 16, 2026 results that showed $2.43 billion in revenue, $1.13 EPS and FY 2026 guidance of 6.220-6.300 EPS. Prologis...
Prologis stock trades close to the middle of its 12-month range as investors weigh a solid second-quarter earnings beat and 2026 earnings guidance against a...
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