Record Leasing & PipelineA record 64M sq ft of leasing and ~76% tenant retention point to broad, durable demand for logistics space. This replenishes the leasing pipeline, supports sustained high occupancy, improves forward cash flow visibility, and reduces vacancy risk across the portfolio over the next several quarters.
Strong Cash GenerationConsistently robust operating cash flows and positive free cash flow growth underpin dividend coverage, permit ongoing development funding, and provide flexibility to recycle capital. Stable cash generation strengthens resilience to cyclical demand swings and supports multi-quarter investment plans.
Deep Capital Formation & Funding AccessLarge equity raises, low-cost financings and strategic JVs expand Prologis’s capacity to fund development and scale data‑center builds. Diverse, proactive capital formation and lender access reduce refinancing risk and enable sustained deployment of capital into high-return logistics and energy projects.