
Prologis 2023 Annual Report
Shareholder Letter
As we look ahead to an even brighter future, our differentiated solutions, continued growth and dedication to innovation pave the way for enduring progress.
Breaking New Ground
$40
billion in build out of land bank
500+
megawatts of solar generating capacity
6,700+
global customers across 20 countries
ASSETS UNDER MANAGEMENT
(in billions)
DEVELOPMENT VALUE CREATION1
(in millions)
CORE FFO
(per diluted share)
DIVIDENDS PER COMMON SHARE
NET INCOME
(in billions)
REVENUE SUMMARY
(in billions)
Please see Prologis’ Annual Report on Form 10-K for the year ended December 31, 2023, and our Q4’23 earnings supplemental for additional detail regarding the financial information presented in this annual report and definitions and reconciliations of non-GAAP measurements, such as Core FFO.
1. Prologis’ share of estimated value creation from development stabilizations