Noting a slowing economy, management from logistics warehouse owner and operator Prologis said demand for space remains firm and leasing fundamentals are strong.
“With regard to our markets and leasing activities, the bottom line is that conditions remain healthy and there is little we see across our results or proprietary metrics that point to a meaningful slowdown,” CFO Tim Arndt told analysts Wednesday on the fourth-quarter earnings call.
Prologis (NYSE: PLD) reported core funds from...
Logistics warehouse operator Prologis Inc. sees the market for space remaining tight for some time. On its first-quarter earnings call with analysts Tuesday, management said available supply in the market is still at all-time lows.
Prologis (NYSE: PLD) beat first-quarter expectations, reporting core funds from operations (FFO) of $1.09, 2 cents ahead of consensus and 12 cents higher year-over-year.
A sustained period of high consumer demand along with delays in new projects coming online have...
https://www.freightwaves.com/news/prologis-ups-guidance-as-warehouse-market-remains-tight