Prologis, Inc. (California) : The largest industrial real estate company in the United States

19-10-2019

(USKings.us) Prologis, Inc. is a multinational logistics real estate investment trust (REIT) headquartered in San Francisco, California. The company was formed through the merger of AMB Property Corporation and ProLogis in June 2011, which made Prologis the largest industrial real estate company in the world.

Currently the world's largest owner of warehouses and distribution centers, Prologis operates as a publicly traded company and a member of the NYSE and S&P 500. The company is the owner, manager and developer of approximately 3,382 logistics and distribution center and logistics facilities in markets across the Americas, Asia and Europe, and serves approximately 5,000 customers across a diverse range of industries in 19 countries.

As of December 31, 2017, Prologis had $79 billion in total assets under management. The company's research department publishes white papers and its own market research, including the quarterly Industrial Business Indicator and the annual Prologis Logistics Rent Index.

A publicly traded company and member of the S&P 500,Prologis operates in the Americas, Europe, and Asia with a portfolio of real-estate ownings or joint-ventures in 19 countries. Operating segments distinguish real estate operations from strategic capital, with distribution facilities leased to customers in both the business-to-business and retail/online fulfillment categories.

Through its in-house research department, the company publishes proprietary market research and several white papers each year. These include the Industrial Business Indicator, published on a quarterly basis, and the Prologis Logistics Rent Index, published annually since 2016. In 2017, the company partnered with Oxford Economics on in-house research, determining that $1.3 trillion-worth of goods were transferred through its buildings annually. The research also asserted that clusters of logistics assets were economically beneficial to their local areas, with estimations that Prologis and its customers had a total GDP economic impact of $200 billion.

According to wikipedia


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