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Stock Market & Financial Investment News

News Breaks
December 20, 2012
09:02 EDTPLDProLogis forms joint venture with Norges Bank Investment Management
Prologis announced the signing of a definitive agreement to form Prologis European Logistics Partners SÓrl, a euro-denominated joint venture. The venture will acquire a portfolio of high-quality distribution facilities wholly owned by Prologis in 11 target European global markets. Global. Prologis European Logistics Partners will be structured as a 50/50 joint venture with an equity commitment of $3.1B, which includes a $1.55B co-investment by both NBIM and Prologis. Upon closing, the venture will acquire a stabilized portfolio of 195 properties totaling approximately 49 million square feet; about 75% of the properties coming from the former ProLogis European Properties fund and the remaining 25% coming from other Prologis wholly owned assets.
News For PLD From The Last 14 Days
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July 23, 2014
10:02 EDTPLDOn The Fly: Analyst Upgrade Summary
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07:14 EDTPLDPrologis upgraded at Stifel
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06:00 EDTPLDPrologis upgraded to Hold from Sell at Stifel
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July 22, 2014
08:07 EDTPLDPrologis raises FY14 core FFO to $1.82-$1.86 from $1.76-$1.82
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08:05 EDTPLDPrologis reports Q2 core FFO 48c, compared to 41c from a year ago
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