We recently hosted an investor call with Prologis. They’re a massive industrial REIT, with 1.2B square feet of industrial warehouse space, across four continents and 19 countries. As you can imagine, this was another highly interactive call as investors had the opportunity to ask their own questions.
We covered a lot, and one of the things that stands out in my mind is the pricing power they have. As leases roll and get “marked to market”, there’s significant upside for Prologis.
Scale matters in this business, too. Prologis has an “Essentials” platform, which helps their customers to succeed. They use their size and scale to help with many things, including Operations, Energy & Sustainability, Mobility, and Workforce solutions.
We also talked about two reports that they recently released. The newly released version of the “Future Flow of Goods” report, produced by Oxford Economics, shows that 2.8% of the world’s gross domestic product (GDP) flowed through a Prologis property in 2022. Check it out here.
The other report, “Seven Supply Chain Predictions for 2023”, is self-explanatory and definitely worth a look. Read it here.
“Thank You” to Jill Sawyer for arranging this call, to Chris Caton and Chris McGoldrick for your time, and to the entire Prologis team for your support!
Prologis Leadership Team: Hamid Moghadam, Gary Anderson, Tim A., Mike Curless, Dan Letter, Colleen McKeown, Ed Nekritz, Eugene Reilly
