Embed Size (px)
Citation preview
Fact Sheet
Ahead of What’s Next
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of September 30, 2019, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 797 million square feet (74 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,100 customers principally across two major categories: business-to-business and retail/online fulfillment.
World-Class Platform
• Our business draws on consumption, supply chain modernization and e-commerce
• Irreplaceable portfolio focused on the world’s most vibrant markets
• Longstanding relationships with diverse group of customers and premier institutional partners
• Strong balance sheet optimized for the future
• Business model designed to deliver superior results
Note: A securities rating is not a recommendation to buy, sell or hold securities and is subject to revision or withdrawal at any time by the rating agency
Founded
1983Most sustainable corporations, ranked 6th overall S&P 500 member, #105
100 GLOBAL PLD NYSE
Assets under management On four continents Credit rating
$111B 797 MSF A3 / A-
As of 09/30/19
U.S.460 MSF
2,515 buildings
3,266 acres
Other Americas61 MSF
263 buildings
1,168 acres
Asia87 MSF
225 buildings
216 acres
Europe109 MSF
790 buildings
3,258 acres
Investor Fact Sheet | Third Quarter 2019
1. Source: Oxford Economics, IMF, Prologis Research as of September 30, 2019.
2. Source: FactSet; Core FFO and Dividend growth through YE 2018, weighted on a market cap basis as of December 31, 2018.
– Other Logistics REITs include DRE, EGP, FR, LPT and STAG. LPT 2018 FFO has been adjusted to exclude one-time items.
– Blue Chips include AVB, BXP, EQR, FRT, HST, PSA, and SPG.
– REIT average includes REITs in the RMZ as of 12/31/2018 with data for every year in each respective period.
* This is a non-GAAP financial measure. 2
Is the economic value of goods flowing through our distribution centers ear year, representing
of GDP for the 19 countries where we do business, and
of the world’s GDP employees under Prologis’ roofs
$1.7 TR 1 2.8 %1 2.0 %1 700 K 1
1
Source: Prologis ResearchNote: Based upon internal Prologis data as of March 31, 2018. The Type of Goods in Building classifications do not sum to 100%. The balance, 18%, is attributable to units where 3PL customers have more than one industry type present
Diversity of customers and segments mitigates riskDiverse by customer and industry
TYPE OF GOODS IN BUILDING%, NRA basis
Data, otherHealthcare
Industrial/CommoditiesHome Goods
Paper/PackagingAuto
ConstructionClothing
General RetailerAppliances
TransportFood
Consumer Goods
0 1 2 3 4 5 6 7 8 9
TYPE OF GOODS IN OUR BUILDING
%, NRA basisTOP TEN CUSTOMERS KEY RECOGNITION
CORE FFO* PER SHARE CAGR 2 1-YEAR 3-YEAR 5-YEAR
PLD (excluding promotes) 9% 10% 12%
Other Logistics REITs 6% 4% 5%
Blue Chips 5% 6% 7%
REIT Average 5% 7% 6%
S&P 500 Average 23% 11% 8%
DIVIDEND CAGR 1-YEAR 3-YEAR 5-YEAR
PLD (excluding promotes) 9% 8% 11%
Other Logistics REITs 3% 2% 3%
Blue Chips 6% 7% 9%
REIT Average 6% 6% 7%
S&P 500 Average 7% 7% 10%
INVESTOR RELATIONS
Tracy WardSVP, Investor Relations+1 415 939 5766 [email protected]
MEDIA
Melissa SachsVP, Head of Global Corporate Communications+1 (415) 733-9597 [email protected]
HOW TO CONTACT US
Prologis Headquarters Pier 1, Bay 1 San Francisco, California 94111 USA +1 415 394 9000 www.prologis.com
Prologis Georgetown Crossroads, Seattle, Washington
Top Ten customers – 3Q2019
Corporate Knights’ 2019 Global 100 Top-ranked in the U.S., sixth in the world
Harvard Business Review Best-Performing CEOs in the World, Hamid Moghadam, ranked #17
Dow Jones Sustainability Indices Awarded to the top 20% of invited companies ranked in sustainability
NAREIT Leader in the Light Award, Industrial
Institutional Investor’s All-American Executive Teams Top-ranked CEO, CFO and IR Program
