Prologis Lifts Full-Year Guidance on AI-Driven Leasing Demand
Prologis linked surging data-center spending to fresh demand for power-ready warehouse sites and reported record logistics leasing, improving occupancy. A widening data-center pipeline tied to artificial intelligence spending helped lift its full-year guidance, backed by further capital commitments to build high-capacity data centers over the decade ahead.
Coverage (4)
- Why Is Prologis (NYSE:PLD) Declaring Dividend as Data-Center Power Pipeline Swells Toward Record Scale? (kalkinemedia.com)
- Prologis, Inc. (NYSE:PLD) Plans Quarterly Dividend of $1.07 (marketbeat.com)
- Is Prologis (NYSE:PLD) Redefining Logistics Real Estate With Its Data Center Push? (kalkinemedia.com)
- Prologis (NYSE:PLD) Raises Guidance As AI Demand Boosts Leasing (kalkinemedia.com)