SAN FRANCISCO, Aug. 18, 2015 /PRNewswire/ -- Prologis, Inc.
(NYSE: PLD), the global leader in industrial real estate, today
released a research paper titled "The Evolution of Logistics Real
Estate Clusters."
According to a recent study by Prologis Research, evolving trade
patterns, along with advances in technology and the expansion of
e-commerce, reinforce the value proposition of core market
locations. To better understand the evolution of the agglomeration
of distribution centers, the research team developed two
proprietary indices—the Modern Logistics Concentration (MLC) and
the Modern Logistics Quotient (MLQ)—that measure the size, relative
maturity, demand drivers and growth potential of logistics clusters
around the world.
"Compiling a globally consistent dataset for logistics real
estate and its associated demographics was a considerable
undertaking," said Chris Caton,
senior vice president, Prologis Research. "This work quantifies the
disparity between existing real estate and new demand, which is
driven by the modernization of global supply chains. It also
explains the ongoing growth in developed economies and identifies
the outsized demand that has surfaced in emerging markets despite
economic crosscurrents."
The full report is available in the Research section of the
Prologis website at www.prologis.com.
ABOUT PROLOGIS
Prologis, Inc. is the global leader in industrial real estate.
As of June 30, 2015, Prologis owned
or had investments in, on a wholly owned basis or through
co-investment ventures, properties and development projects
expected to total approximately 670 million square feet (62 million
square meters) in 21 countries. The company leases modern
distribution facilities to more than 5,200 customers, including
third-party logistics providers, transportation companies,
retailers and manufacturers.
FORWARD-LOOKING STATEMENTS
The statements in this document that are not historical facts
are forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on current expectations, estimates and
projections about the industry and markets in which Prologis
operates, management's beliefs and assumptions made by
management. Such statements involve uncertainties that could
significantly impact Prologis' financial results. Words such as
"expects," "anticipates," "intends," "plans," "believes," "seeks,"
"estimates," variations of such words and similar expressions are
intended to identify such forward-looking statements, which
generally are not historical in nature. All statements that
address operating performance, events or developments that we
expect or anticipate will occur in the future—including statements
relating to rent and occupancy growth, development activity and
changes in sales or contribution volume of properties, disposition
activity, general conditions in the geographic areas where we
operate, our debt and financial position, our ability to form new
co-investment ventures and the availability of capital in existing
or new co-investment ventures—are forward-looking statements. These
statements are not guarantees of future performance and involve
certain risks, uncertainties and assumptions that are difficult to
predict. Although we believe the expectations reflected in any
forward-looking statements are based on reasonable assumptions, we
can give no assurance that our expectations will be attained and
therefore, actual outcomes and results may differ materially from
what is expressed or forecasted in such forward-looking statements.
Some of the factors that may affect outcomes and results include,
but are not limited to: (i) national, international, regional and
local economic climates, (ii) changes in financial markets,
interest rates and foreign currency exchange rates, (iii) increased
or unanticipated competition for our properties, (iv) risks
associated with acquisitions, dispositions and development of
properties, (v) maintenance of real estate investment trust
("REIT") status and tax structuring, (vi) availability of financing
and capital, the levels of debt that we maintain and our credit
ratings, (vii) risks related to our investments in our
co-investment ventures and funds, including our ability to
establish new co-investment ventures and funds, (viii) risks of
doing business internationally, including currency risks, (ix)
environmental uncertainties, including risks of natural disasters,
and (x) those additional factors discussed in reports filed with
the Securities and Exchange Commission by Prologis under the
heading "Risk Factors." Prologis undertakes no duty to update any
forward-looking statements appearing in this document.
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SOURCE Prologis, Inc.