Prologis Reports Second Quarter 2026 Results

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    "url": "https://www.prnewswire.com/news-releases/prologis-reports-second-quarter-2026-results-302827171.html",
    "title": "Prologis Reports Second Quarter 2026 Results",
    "assets": "real estate",
    "excerpt": "Second quarter results show momentum building across the business Raises 2026 guidance for the second time; leasing hits record SAN FRANCISCO , July 16, 2026 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD ) raised its 2026 guidance for the second time this year, supported by record leasing and improving operating fundamentals. \"We believe the business is entering its next phase of growth,\" said Daniel S. Letter, chief executive officer of Prologis. \"Customer demand is broadening, and our opportunity set is expanding as logistics, digital infrastructure and energy needs increasingly intersect. Given our scale and deep customer relationships, we are well positioned for this next cycle.\" Key highlights for the quarter ended June 30, 2026: Financials Results: Operational Results: Capital Deployment (Owned & Managed): \"Our business is performing at a high level, with multiple drivers of growth across the platform,\" said Timothy D. Arndt, chief financial officer of Prologis. \"Embedded rent growth provides clear earnings visibility, and the scale of the opportunity ahead of us, together with our strong balance sheet, positions Prologis to deliver durable earnings growth and compound long-term value.\" OPERATING PERFORMANCE Owned & Managed 2Q26 Average Occupancy 95.0 % Period End Occupancy 95.5 % Leases Commenced (Operating and Development Portfolio) 61.7 MSF Retention 72.7 % Prologis Share...",
    "summary": "Prologis acquired $1.119 billion in assets during the second quarter of 2026.",
    "location": "San Francisco, California, USA",
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    "image_url": "https://mmx.prnewswire.com/media/MS311102/Prologis-Inc-Logo.jpg?id=OA2765699&p=facebook",
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