first quarter 2019 investor fact sheet...spain sweden united kingdom top 10 customers (by ner)...
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Investor Fact Sheet
Prologis Sweden, Partille Laxfiskevägen
World’s Leading Logistics Real Estate Company
Prologis is the leading global provider of logistics real estate, offering customers approximately 772 million square feet of distribution space (72 million square meters) in markets across the Americas, Europe and Asia. The company leases more than 3,700 industrial facilities in 19 countries to more than 5,100 customers, including third-party logistics providers, transportation companies, retailers, and manufacturers.
World-Class Platform
• The undisputed leader in the industrial sector
• The best customer brand in the real estate industry
• The only truly global real estate company active on four continents
• World’s leading logistics real estate strategic capital franchise
Prologis At-a-Glance1
• 96.8% occupancy in its owned and managed operating portfolio
• Leased 42.8 million square feet (4.0 million square meters) in the operating and development portfolios during 1Q 2019
• Commenced $239 million of development across three continents in Q1 and generated $209 million of value creation (Prologis share) on stabilizations
• The company recast and upsized its global line of credit in January 2019, bringing its total liquidity to ~$4.1 billion
1. As of March 31, 2019 (PLD closed at $71.95)2. Market allocation based on owned and managed operating portfolio gross book
value as of March 31, 2019. On a Prologis share basis, ownership was 77.1% US, 5.6% Other Americas, 12.6% Europe, 4.7% Asia. Sum of the parts may not equal 100% due to rounding.
MARKET ALLOCATION2
U.S. 59.4%
Europe 22.7%
Asia 11.9%
Other Americas 6.0%
NYSEPLD
Assets Under Management$97.0B
TTM Dividend Yield1
2.9%
First Quarter 2019
SHARE OF DEBT(as of December 31, 2018)
Investor Fact Sheet | First Quarter 2019 2
Board of Directors
Hamid R. Moghadam
Chairman and CEO, Prologis
George L. Fotiades
Chairman, Healthcare, Diamond Castle Holdings
Lydia H. Kennard
Principal, Airport Property Ventures, LLCFounder and Chief Executive Officer, KDG Construction Consulting
J. Michael Losh
Former CFO, General Motors;Former Chairman, GMAC
Irving F. Lyons, III
Principal, Lyons Asset Management
Philip L. Hawkins
Former CEO, DCT Industrial Trust Inc.
Investor Relations
Tracy A. Ward
Senior Vice PresidentDirect +1 415 733 9565Email [email protected]
David P. O’Connor
Managing Partner, High Rise Capital Partners, LLC
Olivier Piani
Founder and CEO, OP Conseils Former CEO, Allianz Real Estate
Jeffrey L. Skelton
Managing Partner, Resultant Capital Partners
Carl B. Webb
Senior Partner, Ford Management, L.P.
William D. Zollars
Former Chairman, President and CEO, YRC Worldwide Inc.
Cristina Bita
Vice President of Finance, Google
Source: Prologis Research
THE PLATFORM
The Americas
BrazilCanadaMexicoUnited States
Asia
ChinaJapanSingapore
Europe
BelgiumCzech RepublicFranceGermanyHungaryItalyNetherlandsPolandSlovakiaSpainSwedenUnited Kingdom
TOP 10 CUSTOMERS (by NER)
AmazonDHLGeodisXPO Logistics FedEx Home DepotUPSKuehne + NagelDSV Air and SeaBMW
U.S.OTHER
AMERICAS EUROPE ASIA TOTAL1
Total AUM2 $62.2 B $2.2 B $20.8 B $11.8 B $97.0 B
Square Feet 457 M 59 M 177 M 79 M 772 M
Acres of Land 3,269 1,170 3,059 351 7,849Unsecured Other Debt $1.4 B
Secured Debt $0.9 BUnconsolidated Joint Venture Debt $2.1 B
Unsecured Senior Debt $8.4 B
Total enterprise value1,3: $59.6 B
Common Equity and Preferred Shares$46.8 B
Senior Officers
Hamid R. Moghadam
Chairmain & Chief Executive Officer
Gary E. Anderson
Chief Operating Officer
Michael S. Curless
Chief Customer Officer
Edward S. Nekritz
Chief Legal Officer, General Counsel
Thomas S. Olinger
Chief Financial Officer
Eugene F. Reilly
Chief Investment Officer
Colleen McKeown
Chief Human Resources Officer
1. Sum of the parts may not equal total due to rounding.2. AUM is defined as book value for wholly-owned properties and fair value for unconsolidated real estate3. Total enterprise value is defined as total debt plus preferred equity plus common market equity
GLOBAL PRESENCE
HOW TO CONTACT US
PrologisPier 1, Bay 1San Francisco, California 94111 USA+1 415 394 9000www.prologis.com