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Mar 31, 2023
Prologis Q1 2023 Earnings Report
Prologis reported its Q1 2023 earnings with key metrics in operations, development, and strategic capital.
Key Takeaways
Prologis reported Q1 2023 earnings, highlighting its global leadership in logistics real estate with approximately 1.2 billion square feet owned or invested in across 19 countries. Key areas of focus included operations, development, and strategic capital management.
Prologis owns or has investments in properties and development projects expected to total approximately 1.2 billion square feet.
The company leases modern logistics facilities to approximately 6,600 customers.
Development stabilizations resulted in $1.7 billion in value creation.
Strategic capital generated $829 million in fees and promotes.
Forward Guidance
Our guidance for 2023 is based on management’s current beliefs and assumptions about our business, the industry and the markets in which we operate.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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