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Prologis Beats Estimates, Looks to AI Data Centers

Bloomberg•Wednesday, October 15, 2025 at 8:02:53 PM
PositiveFinancial Markets
Prologis Beats Estimates, Looks to AI Data Centers
Prologis, a leading real estate investment trust, has exceeded earnings expectations, prompting a surge in its stock price. The incoming CEO, Dan Letter, highlighted the current real estate cycle and the strong demand from well-capitalized customers for data center opportunities. This shift towards AI data centers is significant as it reflects broader macroeconomic trends and positions Prologis for future growth. The insights shared by Letter on Bloomberg Businessweek Daily provide a deeper understanding of the company's strategic direction and the evolving market landscape.
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