Prologis posts investor presentation on logistics real estate, data centers and distributed energy strategy

Balance sheet metrics show A2/A ratings, $7.6 billion liquidity, 24% debt to gross market cap, 4.7x debt to adjusted EBITDA, and a 3.3% weighted average interest rate.

Global logistics footprint totals 1.32 billion square feet across 5,929 buildings; assets under management stand at $240 billion, including $68 billion third-party.

Data center power pipeline totals 5.8 GW across about 30 projects; 1.6 GW is secured, including 680 MW under development.

Data center development outlook cites $3 billion to $5 billion annual starts, 7.5% to 10% target yields, 25% to 50% margins, and illustrative value creation.