Summary by Moomoo AI
On January 17, 2024, Prologis Inc., a global leader in logistics real estate, announced its financial results for the fourth quarter of 2023. The announcement was made through a press release and supplemental information provided as part of a Form 8-K report filed with the SEC. Prologis Inc., which operates through Prologis, L.P. as well, reported that it owns or has investments in properties and development projects expected to total approximately 1.2 billion square feet in 19 countries. The company leases modern logistics facilities to around 6,700 customers, focusing on business-to-business and retail/online fulfillment. The financial highlights include $5.7 billion in annualized net operating income (NOI), $917 million in value creation from development stabilizations, and a gross asset under management (AUM) of $219 billion, with...Show More
