Logistics real estate operator Prologis Inc. pulled in 2022 financial forecasts on Wednesday as its base case now assumes “an economic slowdown.” The change in direction was a reversal for a company that has seen tremendous growth throughout the pandemic as operators invested heavily in their supply chains, adding incremental warehouse space to meet record consumer demand.
Prior to the market open, Prologis (NYSE: PLD) reported core funds from operations (FFO) of $1.73 per share in the period,...
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