PROLOGIS ANNOUNCES COMMON STOCK OFFERING

Prologis, Inc. (NYSE: PLD) has announced the commencement of an underwritten public offering of 15,000,000 shares of its common stock, with the offering taking place on August 4, 2026. The company has also indicated that it will grant underwriters a 30-day option to purchase an additional 2,250,000 shares to cover overallotments. The net proceeds from this offering are intended for general corporate purposes, which may include funding potential acquisitions, such as that of SEGRO plc, although no assurances have been made regarding the completion of this transaction.

Prologis is a leading global logistics real estate investment trust (REIT) that specializes in the development and management of logistics facilities. The company plays a pivotal role in the logistics sector, providing the infrastructure that supports global commerce. With a strong focus on sustainability and innovation, Prologis has established itself as a key player in the logistics space, leveraging its scale and expertise to meet the growing demands of e-commerce and supply chain optimization.

The potential acquisition of SEGRO plc, a prominent UK-based logistics property company, aligns with Prologis's strategic goal of expanding its footprint in the logistics sector. SEGRO is known for its high-quality logistics properties located in key urban areas, which are increasingly sought after as businesses adapt to changing consumer behaviors and supply chain dynamics. The combination of Prologis's extensive resources and SEGRO's strategic assets could create significant synergies, enhancing operational efficiencies and market reach.

The logistics sector is currently experiencing robust growth, driven by the acceleration of e-commerce and the increasing demand for efficient supply chain solutions. As businesses continue to invest in logistics infrastructure to meet consumer expectations, the competition for prime logistics properties is intensifying. This public offering positions Prologis to capitalize on these trends, enabling the company to pursue strategic acquisitions that could solidify its market leadership.

In conclusion, Prologis's public offering and potential acquisition of SEGRO plc reflect broader trends within the logistics sector, characterized by heightened demand for efficient and sustainable logistics solutions. As companies navigate a rapidly evolving market landscape, Prologis's proactive approach to capitalizing on growth opportunities may enhance its competitive advantage and drive long-term value creation. The successful execution of this offering could provide the necessary capital to support its strategic initiatives, positioning Prologis favorably in a dynamic market environment.