SAN FRANCISCO, Dec. 7, 2017 /PRNewswire/ -- The Board of
Directors of Prologis, Inc. (NYSE: PLD), declared a regular cash
dividend for the quarter ending December 31,
2017 on the following securities:
- A dividend of $0.44 per share of
the company's common stock, payable on December 29, 2017, to common stockholders of
record at the close of business on December
18, 2017; and
- A dividend of $1.0675 per share
of the company's 8.54% Series Q Cumulative Redeemable Preferred
Stock, payable on January 2, 2018, to
Series Q stockholders of record at the close of business on
December 18, 2017.
About Prologis
Prologis, Inc. is the global leader in
logistics real estate with a focus on high-barrier, high-growth
markets. As of September 30, 2017,
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 687 million square feet (64 million
square meters) in 19 countries. Prologis leases modern distribution
facilities to a diverse base of approximately 5,200 customers
across two major categories: business-to-business and retail/online
fulfillment.
Forward-Looking Statements
The statements in this
document that are not historical facts are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements are based on
current expectations, estimates and projections about the industry
and markets in which we operate as well as management's beliefs and
assumptions. Such statements involve uncertainties that could
significantly impact our financial results. Words such as
"expects," "anticipates," "intends," "plans," "believes," "seeks,"
"estimates" and variations of such words and similar expressions
are intended to identify such forward-looking statements, which
generally are not historical in nature. All statements that
address operating performance, events or developments that we
expect or anticipate will occur in the future — including
statements relating to rent and occupancy growth, development
activity, contribution and disposition activity, general conditions
in the geographic areas where we operate, our debt, capital
structure and financial position, our ability to form new
co-investment ventures and the availability of capital in existing
or new co-investment ventures — are forward-looking statements.
These statements are not guarantees of future performance and
involve certain risks, uncertainties and assumptions that are
difficult to predict. Although we believe the expectations
reflected in any forward-looking statements are based on reasonable
assumptions, we can give no assurance that our expectations will be
attained and therefore, actual outcomes and results may differ
materially from what is expressed or forecasted in such
forward-looking statements. Some of the factors that may affect
outcomes and results include, but are not limited to: (i) national,
international, regional and local economic and political climates,
(ii) changes in financial markets, interest rates and foreign
currency exchange rates, (iii) increased or unanticipated
competition for our properties, (iv) risks associated with
acquisitions, dispositions and development of properties, (v)
maintenance of real estate investment trust status, tax structuring
and changes in income tax rates, (vi) availability of financing and
capital, the levels of debt that we maintain and our credit
ratings, (vii) risks related to our investments in our
co-investment ventures, including our ability to establish new
co-investment ventures, (viii) risks of doing business
internationally, including currency risks, (ix) environmental
uncertainties, including risks of natural disasters, and (x) those
additional factors discussed in reports filed with the Securities
and Exchange Commission by us under the heading "Risk Factors." We
undertake no duty to update any forward-looking statements
appearing in this document, except as may be required by law.
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SOURCE Prologis, Inc.