Prologis (PLD) Reports Q4 CFFO of $0.64/Share

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Prologis Reports Fourth Quarter and Full Year 2015 Earnings Results

January 26, 2016 8:02 AM EST

SAN FRANCISCO, Jan. 26, 2016 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today reported results for the fourth quarter and full year 2015.

HIGHLIGHTS

Core funds from operations per diluted share was $2.23, up 19 percent year-over-year Prologis' share of GAAP same store NOI increased 5.6 percent for the full year Prologis' share of estimated value creation was $699 million, $533 million from development stabilizations, reflecting a 32.5 percent margin and $166 from value-added conversions Short-term financing associated with the acquisition of the KTR real estate portfolio was... More