Prologis (PLD) Reports Q3 Core FFO of $0.58/Share
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Prologis Reports Third Quarter 2015 Earnings Results
October 20, 2015 8:00 AM EDTSAN FRANCISCO, Oct. 20, 2015 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today reported results for the third quarter of 2015.
HIGHLIGHTS FROM THE QUARTER
Core funds from operations per diluted share was $0.58, up 21 percent year-over-year Prologis' share of GAAP same store NOI increased 6.2 percent Completed $733 million of dispositions and contributions at a 4.9 percent stabilized cap rate Estimated value creation of $158 million from stabilizations, reflecting a 35.8 percent margin"The team produced exceptionally strong financial and... More
