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Warehouse-focused REIT Prologis lifts forecast as leasing remains strong

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Prologis raised its full-year core FFO forecast above analysts’ estimates, signaling stronger-than-expected operating performance. The upgrade was supported by resilient demand for warehouse/storage facilities and steady leasing activity, reinforcing the outlook for its logistics real estate portfolio.

Analysis

Prologis raised its full-year core FFO forecast above analysts’ estimates, signaling stronger-than-expected operating performance. The upgrade was supported by resilient demand for warehouse/storage facilities and steady leasing activity, reinforcing the outlook for its logistics real estate portfolio.

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