Joseph Ghazal
On June 17, 2025, Prologis announced that Joseph Ghazal, Chief Investment Officer, has informed the company of his decision to step away from his role as an executive officer effective July 1, 2025.
Highest-materiality recent filing
Prologis Q1 net earnings $1.05/sh beats prior year $0.63; raises Core FFO guidance to $6.07-6.23
Record lease signings 64M sq ft in logistics; data center platform scales with $1.3B build-to-suit starts.
Q4 net earnings $1.49/diluted share ($3.56 FY) vs $1.37 ($4.01 FY) prior year; Core FFO $1.44 ($5.81 FY) vs $1.50 ($5.56 FY).
Prologis Q3 Core FFO $1.49 (+4.2%), raises FY guidance; adds 5.2 GW data center capacity
Core FFO per share $1.49 (+4.2% YoY); net earnings $0.82 (-24.1%); record 62M sf leases signed.
Prologis Q2 Core FFO $1.46 (+9% YoY); raises FY Core FFO guidance, lowers net earnings guidance
Q2 net earnings $0.61/share, down 33.7% YoY; Core FFO $1.46/share, up 9.0%.
Prologis CIO Joseph Ghazal to step down as executive officer, remain through July 2026
Joseph Ghazal will step away from his role as Chief Investment Officer effective July 1, 2025.
Prologis Q1 Core FFO +10.9% to $1.42; slashes 2025 development/disposition guidance
Core FFO per share $1.42 (+10.9% YoY); net earnings $0.63 per share unchanged.
CEO Hamid Moghadam to retire Jan 1 2026; President Dan Letter named successor
Hamid R. Moghadam to retire as CEO effective Jan 1, 2026; will remain Executive Chairman.
Prologis Q4 2024 Core FFO $1.50/share (+19% YoY); 2025 guidance $5.65-$5.81
Net earnings $1.37/share (+101.5% YoY); Core FFO $1.50/share (+19.0%).
Prologis Q3 Core FFO $1.43 (+10% YoY); raises 2024 occupancy & NOI guidance
Net earnings $1.08/diluted (+35% YoY); Core FFO $1.43 (+10% YoY).
Prologis L.P. prices $1.1B notes offering: $700M 5.000% due 2035, $400M 5.250% due 2054
$700M aggregate principal of 5.000% Notes due Jan 31, 2035 and $400M additional 5.250% Notes due Mar 15, 2054 priced.
Prologis Q2 Core FFO ex-promote $1.36, up 8.8% YoY; raises 2024 earnings guide
Net earnings $0.92/diluted share vs $1.31 YoY; Core FFO $1.34 vs $1.83; drop partly due to promote income shift.
Prologis Q1 Core FFO $1.28/share, cuts 2024 guidance midpoints on occupancy and same-store NOI
Q1 Core FFO per diluted share $1.28 vs $1.22 YoY; net earnings $0.63 vs $0.50.
Prologis Q4 core FFO $1.26/shr, FY $5.61; 2024 guidance $5.42-$5.56
Q4 net earnings $0.68 diluted; Core FFO $1.26 (ex-promotes $1.29), up 4.9% YoY.
Prologis names Carter Andrus COO, Joseph Ghazal CIO; base salary $600K each
Carter Andrus appointed COO and Joseph Ghazal appointed CIO, both effective Jan 1, 2024.
Prologis Q3 net earnings $0.80/sh; Core FFO ex-promote up 15% to $1.33/sh; FY guidance raised
Net earnings per diluted share $0.80 vs $1.36 YoY; Core FFO $1.30 vs $1.73 YoY.
Prologis Q2 2023: Core FFO $1.83 beats, raises full-year guidance
Net earnings per diluted share $1.31 vs $0.82 YoY; Core FFO $1.83 vs $1.11 YoY.
Prologis L.P. prices $2.0B in notes (4.875%/5.125%/5.250%) to fund acquisition
Sold $750M 4.875% notes due 2028, $750M 5.125% notes due 2034, and $500M 5.250% notes due 2053.
Prologis prices €750M of 4.625% Notes due 2033; net proceeds ~€742M to repay credit lines
Prologis Euro Finance LLC issued €750M aggregate principal of 4.625% Notes due May 23, 2033.
Prologis Q1 Core FFO $1.22, Same Store NOI +11.4%, raises 2023 guidance
Core FFO of $1.22/diluted share vs $1.09 YoY; net earnings $0.50/diluted share on lower gains.
Prologis Q4 Core FFO $1.24/share; guides 2023 Core FFO $5.40-$5.50
Core FFO per diluted share Q4 $1.24 (up 10.7% YoY); full year $5.16 (up 24.3%).
Prologis files Duke Realty Q3 2022 historical financials and pro forma combined data
Duke Realty 9M 2022 net income $349M vs $757M in prior year; revenue $872M vs $841M.
On June 17, 2025, Prologis announced that Joseph Ghazal, Chief Investment Officer, has informed the company of his decision to step away from his role as an executive officer effective July 1, 2025.
appointed Mr. Letter as a director effective February 19, 2025
will retire as Chief Executive Officer of the Company effective January 1, 2026.
will become the new Chief Executive Officer upon Mr. Moghadam’s retirement effective January 1, 2026.
Deborah K. Briones will be the new Chief Legal Officer, General Counsel and Secretary effective January 1, 2025.
Edward S. Nekritz, Chief Legal Officer, General Counsel and Secretary of Prologis, Inc. (the “Company”), will move to a new role as senior advisor effective January 1, 2025.
Effective January 1, 2024, (as reported in our Form 8-K filed on November 15, 2023) Carter Andrus became Chief Operating Officer (“COO”) of Prologis, Inc. (the “Company”), Joseph Ghazal became Chief Investment Officer (“CIO”) of the Company and Gary Anderson, former Chief Operating Officer, moved into a senior advisor role with the Company.
Effective January 1, 2024, (as reported in our Form 8-K filed on November 15, 2023) Carter Andrus became Chief Operating Officer (“COO”) of Prologis, Inc. (the “Company”), Joseph Ghazal became Chief Investment Officer (“CIO”) of the Company and Gary Anderson, former Chief Operating Officer, moved into a senior advisor role with the Company.
Effective January 1, 2024, (as reported in our Form 8-K filed on November 15, 2023) Carter Andrus became Chief Operating Officer (“COO”) of Prologis, Inc. (the “Company”), Joseph Ghazal became Chief Investment Officer (“CIO”) of the Company and Gary Anderson, former Chief Operating Officer, moved into a senior advisor role with the Company.
Carter Andrus will be the new Chief Operating Officer and Joseph Ghazal will be the new Chief Investment Officer, each effective January 1, 2024.
Carter Andrus will be the new Chief Operating Officer and Joseph Ghazal will be the new Chief Investment Officer, each effective January 1, 2024.
Gary E. Anderson, Chief Operating Officer of Prologis, Inc., will move to a new role as senior adviser effective January 1, 2024 and retire on June 30, 2024.
Max materiality 0.85 · Median 0.55 · Most common event debt