Market Closed - Nyse Other stock markets | 5-day change | 1st Jan Change | ||
111.2 USD | +0.88% | | +3.51% | -16.60% |
06-10 | Evercore ISI Adjusts Price Target on Prologis to $119 From $123, Keeps In Line Rating | MT |
06-05 | Transcript : Prologis, Inc. Presents at Nareit REIT Week: 2024 Investor Conference, Jun-05-2024 10:15 AM |
November 20, 2020
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Prologis, Inc. (NYSE:PLD) and Norges Bank Investment Management signed an agreement to acquire logistics real estate portfolio of 127 properties in US on November 21, 2019. Norges Bank will acquire 45% stake for approximately $896 million valuing the portfolio at $1.99 billion. Prologis will acquire the remaining 55% stake and will manage the properties on behalf of the joint venture. The acquisition is a subset of Prologis’ definitive merger agreement to acquire Industrial Property Trust, Inc. No financing will be involved to fund the transaction. The transaction is expected to be completed in January 2020.Prologis, Inc. (NYSE:PLD) and Norges Bank Investment Management completed the acquisition of logistics real estate portfolio of 127 properties in US on November 21, 2020.
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Latest news about ProLogis, Inc.
Evercore ISI Adjusts Price Target on Prologis to $119 From $123, Keeps In Line Rating | MT | |
Transcript : Prologis, Inc. Presents at Nareit REIT Week: 2024 Investor Conference, Jun-05-2024 10:15 AM | ||
Mizuho Adjusts Price Target on Prologis to $120 From $130 | MT | |
Resolution Capital Global Property Securities Fund Discloses Fund Portfolio as of Q1 | MT | |
Transcript : Prologis, Inc. Presents at Bernstein?s 40th Annual Strategic Decisions Conference, May-30-2024 01:30 PM | ||
EQT Buys 20 U.S. Industrial Properties From Prologis | DJ | |
EQT's Exeter Fund to Buy 20 US Industrial Properties from Prologis | MT | |
EQT Exeter Real Estate Income Trust, Inc. Managed by EQT Exeter Industrial Value Fund VI, L.P. acquired 20 industrial properties from Prologis, Inc.. | CI | |
Prologis, Performance Team Launch Electric Truck Charging Station in Southern California Near Port of Los Angeles | MT | |
CI | ||
Prologis Announces Executive Changes | CI | |
Scotiabank Adjusts Price Target on Prologis to $130 From $149 | MT | |
Prologis, Inc. Elects Guy A. Metcalfe to the Board of Directors | CI | |
Prologis Keeps Q2 Dividend at $0.96 a Share, Payable June 28 to Holders of Record June 17 | MT | |
Prologis, Inc. Declares Regular Cash Dividend for the Quarter Ending June 30, 2024, Payable on June 28, 2024 | CI | |
Prologis Estimates Cut on Expected Lower Leasing Spreads, Morgan Stanley Says | MT | |
Morgan Stanley Adjusts Price Target on Prologis to $132 From $141, Keeps Overweight Rating | MT | |
RBC Cuts Price Target on Prologis to $124 From $145, Keeps Outperform Rating | MT | |
REIT Extra Space Storage reports first-quarter revenue above estimates as occupancy grows | RE | |
Baird Lowers Prologis' Price Target to $117 From $137 | MT | |
Barclays Adjusts Price Target on Prologis to $123 From $135 | MT | |
Jefferies Adjusts Price Target on Prologis to $126 From $144 | MT | |
Truist Cuts Price Target on Prologis to $125 From $142, Keeps Buy Rating | MT | |
Nippon Prologis REIT Secures 6 Billion Yen Loan; Executes Interest Rate Swaps | MT | |
Correction: Update: RE/MAX Shares Rise; Judge Grants Preliminary Approval on Real Estate Commission Settlement | MT |
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Company Profile
ProLogis, Inc. is the worldwide leader of the detention, the management and the development of industrial of distribution. Net sales break down by activity as follows:- real estate management (85%);- real estate co-investment (14.9%);- other (0.1%): primarily development of real estate assetsNet sales break down geographically as follows: the United States (92.1%), America (2.5%), Europe (3.5%) and Asia (1.9%).
Sector
Commercial REITs
Calendar
16/06/2024 - Détachement de
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ESG Refinitiv
B+
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Sell
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Mean consensus
BUY
Number of Analysts
23
Last Close Price
111.2USD
Average target price
131USD
Spread / Average Target
+17.79%
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Sector Industrial REITs
1st Jan change | Capi. | |
---|---|---|
PROLOGIS, INC. | -16.60% | 103B |
GOODMAN GROUP | +37.27% | 44.3B |
REXFORD INDUSTRIAL REALTY, INC. | -21.43% | 9.58B |
EASTGROUP PROPERTIES, INC. | -9.56% | 7.98B |
AMERICOLD REALTY TRUST, INC. | -11.46% | 7.61B |
STAG INDUSTRIAL, INC. | -10.95% | 6.37B |
WAREHOUSES DE PAUW SA | -9.05% | 6.29B |
FIRST INDUSTRIAL REALTY TRUST, INC. | -12.30% | 6.11B |
TERRENO REALTY CORPORATION | -9.97% | 5.46B |
LONDONMETRIC PROPERTY PLC | +4.44% | 5.2B |
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- News ProLogis, Inc.
- Prologis, Inc. and Norges Bank Investment Management completed the acquisition of logistics real estate portfolio of 127 properties in US.