Prologis (PLD) Reports Q3 Core FFO of $0.58/Share

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Go back to Prologis (PLD) Reports Q3 Core FFO of $0.58/Share

Prologis Reports Third Quarter 2015 Earnings Results

October 20, 2015 8:00 AM EDT

SAN FRANCISCO, Oct. 20, 2015 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today reported results for the third quarter of 2015.

HIGHLIGHTS FROM THE QUARTER

Core funds from operations per diluted share was $0.58, up 21 percent year-over-year Prologis' share of GAAP same store NOI increased 6.2 percent Completed $733 million of dispositions and contributions at a 4.9 percent stabilized cap rate Estimated value creation of $158 million from stabilizations, reflecting a 35.8 percent margin

"The team produced exceptionally strong financial and... More