Prologis Q1 Core FFO Rises

Prologis reported first-quarter AFFO attributable to stockholders/unitholders of $1.47 billion, up from $1.08 billion a year ago, while core FFO attributable to common stockholders/unitholders rose to $1.44 billion from $1.36 billion. The results indicate improved operating performance at the industrial real estate REIT. The article is truncated before additional details such as guidance or revenue, limiting the likely market impact.

Analysis

Prologis reported first-quarter AFFO attributable to stockholders/unitholders of $1.47 billion, up from $1.08 billion a year ago, while core FFO attributable to common stockholders/unitholders rose to $1.44 billion from $1.36 billion. The results indicate improved operating performance at the industrial real estate REIT. The article is truncated before additional details such as guidance or revenue, limiting the likely market impact.