Prologis Q2 2022 Earnings Report

Prologis's performance in Q2 2022 reflected growth and strategic capital deployment.

Key Takeaways

Prologis, Inc. reported its Q2 2022 results, highlighting its position as the global leader in logistics real estate. As of June 30, 2022, the company had investments in properties and development projects expected to total approximately 1.0 billion square feet across 19 countries.

The company owned or had investments in properties and development projects expected to total approximately 1.0 billion square feet.

Prologis leases modern logistics facilities to approximately 5,800 customers.

Leases were signed, that were due to expire, totaling 48 million square feet in our owned and managed portfolio.

The company recast the 2019 Global Facility, entering into the $3.0 billion 2022 Global Facility, and at the same time upsized the 2021 Global Facility to $2.0 billion in total commitments.

Total Revenue

$1.1B

Previous year: $1.02B