Prologis to develop 316,000 square feet in United Kingdom Prologis announced it will develop a 316,000 square foot distribution facility at DP World London Gateway in the United Kingdom. The facility will be constructed at London Gateway, a multimodal logistics park and deep-water port located 20 miles from central London. Prologis is developing London Gateway's first logistics facility in a joint venture with DP World. Prologis owns and manages approximately 19.6M square feet of logistics and distribution space in the U.K. as of March 31.
Prologis sees FY15 CFFO $2.04-$2.12, up 11% vs last year Prologis sees FY15 GAAP EPS 40c-48c, year end occupancy 95.5%-96.5%; GAAP same store NOI growth 3.5%-4.5%; development stabilizations $1.7B-$1.9B; development starts $2.3B-$2.6B; building acquisitions $1.0B-$1.5B; contributions to co-investment ventures $1.3B-$1.8B; third-party dispositions $1.5B-$2.0B; strategic capital revenue $210M-$220M; and net G&A $238M-$248M.