Prologis reports Q Core FFO $1.83 with items, consensus $1.68

Reports Q2 revenue $2.45B, consensus $1.69B. Q2 results include 58c per diluted share attributable to net promote income from Strategic Capital business. Reports Q2 Cash Same Store NOI 10.7 %. “The continuation of record operating results is a testament to Prologis’ premier global portfolio and the enormous, embedded mark-to-market upside that will provide industry-leading, predictable growth for years to come,” said Hamid R. Moghadam, co-founder and CEO, Prologis. “Further, our scale and customer-focused strategy unlocks adjacent opportunities with untapped potential within our Strategic Capital and Essentials businesses.”