Prologis Reports Record Results Amid Data Center Growth and Acquisition Talks
Prologis reported a 12% increase in quarterly funds from operations (FFO) for Q2 2026, driven by strong leasing activity and data center development. The company signed record lease agreements totaling 67 million square feet and raised its full-year guidance due to robust demand across logistics assets. Prologis is also considering a $16.6 billion acquisition of Segro.
Tickers: $PLD
Topics: acquisition rumors data centers earnings report warehouse logistics