Prologis (PLD) Reports Q1 FFO of $0.61/Share

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Prologis Reports First Quarter 2016 Earnings Results

April 19, 2016 8:00 AM EDT

SAN FRANCISCO, April 19, 2016 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the first quarter of 2016.

HIGHLIGHTS

Core funds from operations per diluted share was $0.61, up 24 percent year-over-year Prologis' share of GAAP same store NOI increased 7.4 percent Prologis' share of GAAP rent change on rollovers was +20.1 percent Short-term financing associated with the acquisition of the KTR real estate portfolio was fully repaid, ahead of plan

"We are off to an excellent... More