PLD

Prologis, Inc. operates as a global leader in logistics real estate, owning, managing, and developing industrial properties primarily consisting of distribution centers and warehouses. Headquartered in San Francisco, California, the company's portfolio spans approximately 1.2 billion square feet across 19 countries in North America, Europe, Asia, and Latin America. Prologis serves more than 6,700 customers, including major retailers, e-commerce companies, third-party logistics providers, and manufacturers who require strategically located facilities near large population centers and transportation hubs. The company generates revenue primarily through rental income from long-term lease agreements, with additional income from property management services, development activities, and strategic capital ventures. As of 2024, Prologis maintains its position as the world's largest industrial real estate investment trust (REIT) by market capitalization and asset value. The company completed its $26 billion acquisition of Duke Realty in 2022, significantly expanding its U.S. footprint and enhancing its portfolio quality. Prologis focuses on developing modern, sustainable logistics facilities equipped with advanced technologies to meet growing demand driven by e-commerce expansion and supply chain modernization. The company emphasizes environmental sustainability, targeting carbon neutrality by 2040 and incorporating solar energy installations across many properties. With operations in key global logistics markets, Prologis benefits from structural trends favoring efficient goods distribution and last-mile delivery capabilities.