Prologis raises 2026 guidance for second time on record 67M SF leasing, signals SEGRO deal

Filed July 16, 2026 · Period ending July 16, 2026 · ~2 min read

Key Changes

• high

  Raised full-year 2026 Core FFO guidance to $6.22–$6.30/share (from $6.07–$6.23) and net earnings to $4.40–$4.55/share (from $3.80–$4.05) following Q2 Core FFO of $1.63/share (up from $1.46 prior year) and record 67M SF of leasing.

  Exhibit 99.2 view on EDGAR →
• high

  Disclosed 2026 earnings guidance constitutes a profit forecast under U.K. Takeover Code Rule 28 in connection with a possible offer for SEGRO plc, a U.K.-listed logistics REIT, signaling active M&A discussions.

  Exhibit 99.2 view on EDGAR →
• high

  Achieved 95.5% owned-and-managed occupancy (up 20 bps quarter-over-quarter), 36.9% net effective rent change on new/renewal leases (22.3% cash), and 6.4% same-store NOI growth (8.5% cash basis), reflecting strong pricing power and embedded rent growth.

  Exhibit 99.2 view on EDGAR →