Recent events
Recent events tied to this brand in public sources.
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2022
Prologis names Tim Arndt as next CFO
Prologis announced that Tim Arndt would become the company's chief financial officer effective April 1, 2022, succeeding Tom Olinger, who plans to retire.
2022
FIBRA Prologis acquires three logistics properties
FIBRA Prologis acquired three buildings from its sponsor, Prologis, Inc., and other third parties. The properties total 873,225 square feet and are located in Mexico City, Reynosa and Tijuana; the reported total investment was US$71.5 million, including closing costs.
2021
GLP and Anhui Civil Aviation Airport Group sign strategic cooperation agreement
GLP and Anhui Civil Aviation Airport Group signed a strategic cooperation agreement covering strategic research on Hefei Airport cargo-area planning, aviation logistics park planning and investment, and cooperation across aviation logistics businesses.
2021
GLP completed an $850 million green perpetual bond issue
GLP completed the pricing and issuance of $850 million in green subordinated perpetual bonds, expanding the deal from its $500 million target after investor subscriptions exceeded six times that target.
2021
GLP China Income Fund II completes fundraising
GLP China Income Fund II completed fundraising on April 26, with a total investment scale of RMB 5.8 billion. GLP is the fund manager and asset manager.
2020
Prologis announces workforce initiative expansion with JFF
Prologis announced an expansion of its Community Workforce Initiative in partnership with JFF, with a stated goal of equipping 25,000 people with skills for transportation, distribution and logistics jobs by the end of 2025.
2020
Free Trade No. 1 and Fudan University establish medical-device research center
Free Trade No. 1 and Fudan University signed an agreement and inaugurated the Fudan–Free Trade No. 1 Medical Device Joint Research Center at the GLP Free Trade No. 1 Life Science Industrial Park in Shanghai. The center is intended to support industry-academia-research collaboration and the application of research and technological innovation results.
2020
SF International signs lease for its first UK distribution center
SF International signed a lease with GLP for more than 8,300 square meters at G-Park Northampton. The center is described as SF's first distribution center in the UK.
2020
FIBRA Prologis announces acquisition of Mexico City logistics park
FIBRA Prologis announced that it was acquiring eight properties comprising Prologis Park Grande, a fully leased Class-A logistics park in Mexico City, from its sponsor, Prologis, for US$353 million including closing costs but excluding VAT.
2020
GLP wins eight 2019 PERE Global Awards
GLP won eight awards in PERE's 2019 Global Awards, including global, Asian, Chinese and Japanese institution awards and a North American industry figure award.
2020
Prologis completes acquisition of Liberty Property Trust
Prologis completed its all-stock acquisition of Liberty Property Trust for $13 billion, including the assumption of debt. Each Liberty common share was converted into the right to receive 0.675 Prologis common shares.
2020
Prologis completes acquisition of Industrial Property Trust assets
Prologis announced that it had completed the acquisition of Industrial Property Trust's wholly owned real estate assets for approximately $4 billion in cash, including the assumption and repayment of debt.
2019
Prologis announces acquisition of Liberty Property Trust
Prologis announced an all-stock agreement to acquire Liberty Property Trust for $12.6 billion. The deal was expected to close in the first quarter of 2020.
2019
GLP investment in Zhengzhou warehouse project
GLP (Shanghai) said it would designate an affiliated company as the actual investor and shareholder in Hao Xiang Ni's wholly owned Zhengzhou logistics subsidiary, which would build warehouse facilities on land owned by the subsidiary.
2019
Prologis reports third-quarter 2019 results
Prologis reported third-quarter 2019 results, including net earnings per diluted share of $0.71, compared with $0.60 in the third quarter of 2018.
2019
Prologis raises and narrows 2019 guidance
Prologis raised the midpoint and narrowed the range of its 2019 guidance, revising its net earnings and Core FFO forecasts along with operating and capital deployment outlooks.
2019
GLP agrees to invest in China Merchants Capital
China Merchants Group and GLP signed an investment agreement under which GLP would increase the capital of China Merchants Capital, a wholly owned subsidiary of China Merchants Group. After the capital increase, each party would hold 50%; completion remained subject to approval by relevant departments.