Prologis is a global leader in logistics real estate, focusing on high-barrier, high-growth markets. They own, manage, and develop high-quality logistics facilities in 19 countries across four continents, strategically positioned in major commerce centers. Their portfolio serves a diverse range of over 6,700 customers, providing solutions for global fulfillment challenges. Key demand drivers include e-commerce expansion, supply chain resilience, and consumption growth. Prologis offers comprehensive real estate services, including leasing, property management, development, acquisitions, and dispositions. They actively invest in new properties and leverage co-investment ventures with institutional investors to expand capacity and diversify returns.

• Employees: 2,574 (as of December 31, 2023)
• Geographic Footprint: 19 countries across 4 continents
• Headquarters: San Francisco, California
• Founded: 1983 (Prologis, Inc.) / 1997 (Prologis, L.P.)
• Number of locations/facilities: ~6,700 customers across 5,613 buildings
• Square Footage: 1.2 billion
• Revenue: $8.0 billion (FY2023)
• Market Cap: $112.9 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: Prologis Essentials, Prologis Ventures

Leadership information not available in the provided 10-K excerpt.

• Annual Revenue: $8.0 billion (FY2023)
• Net Income: $3.1 billion (FY2023)
• Market Cap: $113.0 billion (as of June 30, 2023)
• Total Assets: $93.0 billion (FY2023)
• Number of employees: 2,574 (as of December 31, 2023)
• Key Financial Highlights: Net effective rent change of 76.4% on new and renewed leases, $916 million value creation from development stabilizations, $675 million in promotes earned.

Prologis offers a range of services through Prologis Essentials, including solutions for customer operations, energy, and sustainability needs. Specific product/service categories and revenue breakdowns are not available in the provided 10-K excerpt.

Prologis operates in two segments: Real Estate (Rental Operations and Development) and Strategic Capital. Real Estate generated $5.1 billion in NOI and Strategic Capital generated $0.8 billion in NOI in FY2023. Further segment revenue breakdown is not available in the provided 10-K excerpt.

Prologis' strategy centers on leveraging its global scale, customer focus, and strategic locations to capitalize on e-commerce growth and supply chain resilience. Key initiatives include expanding its portfolio through development and acquisitions, enhancing customer experience through Prologis Essentials, and investing in sustainable solutions. They prioritize maintaining a strong balance sheet and low leverage to pursue opportunistic investments.

Prologis operates in the logistics real estate industry, competing with various owners and operators at regional, national, and global levels. The industry is experiencing strong demand driven by e-commerce and supply chain shifts. Market share information and a detailed competitive analysis are not available in the provided 10-K excerpt.

• Global Operations Risks: Geopolitical and economic conditions, currency fluctuations, regulatory changes, and compliance challenges in international markets.
• Business Risks: Customer lease defaults, vacancy risks, competition for properties, and challenges in acquiring and developing properties.
• Financial and Capital Risks: Dependence on access to capital markets, debt refinancing risks, and potential impact of interest rate changes.
• Environmental Risks: Exposure to natural disasters, climate change impacts, and environmental regulations.
• Cybersecurity Risks: System failures and cyberattacks could disrupt operations and compromise data.