ProLogis outlines $40 billion logistics development opportunity in investor presentation
- Prologis targets high-single-digit annualized growth through development, organic growth and asset management expansion.
- Its data center power pipeline totals 5.8 GW, including 1.7 GW secured under utility agreements.
- Illustrative data center economics assume $3 billion-$5 billion in annual development starts, targeting 7.5%-10% yields and 25%-50% margins.
- The logistics land bank represents $40 billion in potential total investment.
- Liquidity stands at $8.8 billion, with debt at 4.5 times adjusted EBITDA.
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