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Prologis

American real estate company

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Prologis: American real estate company
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According toΒ The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase.

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Chancellor hails US investment in Cambridge campus [Video]

Chancellor hails US investment in Cambridge campus

Rachel Reeves describes a Β£500 million private investment by a US firm Prologis into Cambridge Biomedical Campus as a "real show of confidence in what this Government are doing to grow the economy"...

Credit: ODN     Duration: 01:23Published

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