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-0.000385870137159342 0.0002455537236468 -0.000280632827024885 0.000315711930403171 0.00470059985266788 0.00256077454660265 0.00129792682499037 -0.00199950889255268
Stock impact report

Prologis (PLD) Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

Prologis, Inc. (PLD) 
Last prologis, inc. earnings: 4/21 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.prologis.com
Chief Financial Officer — Tim Arndt Investor Relations — Justin Meng Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS Record Leasing Activity Prologis (NYSE:PLD) reported 64 million square feet of leasing signings, supported by high retention and new leasing. Occupancy -- Ended at 95.3%, exceeding internal expectations and factored into an upward full-year occupancy outlook. Retention -- Nearly 76% retention rate, indicating sustained tenant stability. Net Effective Rent Change -- 32%, attributed to market mix, with a full-year outlook for net effective rent change close to 40% remaining unchanged. Lease Mark-to-Market -- 17% on a net effective basis, reflecting a slowing rate of decline and the first market rent uptick in 2.5 years. Embedded NOI -- Lease mark-to-market equates to $750 million of embedded net operating income at current spot rents. Same-Store NOI Growth -- 6.1% net effective and 8.8% cash same-store NOI growth, benefiting fro Show less Read more
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