secwatch.observer — SEC 8-K summary
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Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0000950170-24-114848
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prologis Q3 Core FFO $1.43 (+10% YoY); raises 2024 occupancy & NOI guidance
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- Net earnings $1.08/diluted (+35% YoY); Core FFO $1.43 (+10% YoY).
- Cash same-store NOI growth 7.2%; average occupancy 96.1% (Prologis Share).
- Development stabilizations $784M (6.2% yield) and starts $392M (9.0% yield); value creation $129M.
- 2024 guidance: Core FFO $5.42-$5.46; same-store NOI raised to 6.5%-7.0%; occupancy 96.0%-96.5%.
- Acquisitions $1.25B (5.1% cap rate); dispositions $836M; issued $4.6B debt at 4.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000095017024114848/0000950170-24-114848-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000095017024114848/pld-20241016.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-114848

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer