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![DailyREITBeat Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1092146031305867267.png) David Auerbach โญ•๏ธ [@DailyREITBeat](/creator/twitter/DailyREITBeat) on x 3873 followers
Created: 2025-07-16 15:43:09 UTC

๐Ÿ“ฆ Prologis Q2 2025 Results: Development Heats Up as Leasing Surges ๐Ÿš€

Despite macroeconomic headwinds, @Prologis $PLD delivered a solid second quarterโ€”highlighted by rising core FFO, preleased development starts, and leasing momentum that's breaking records.

๐Ÿ“ˆ Financial Highlights
๐Ÿ’ต Core FFO per share: $XXXX (+9.0% YoY)
๐Ÿ”ป Net earnings per share: $XXXX (โ€“33.7%, FX-related)
๐Ÿ’ฐ Cash same-store NOI: +4.9%
๐Ÿงพ Rent spreads: +53.4% net effective / +34.8% cash basis

๐Ÿ—๏ธ Development & Deployment
๐Ÿ—๏ธ $846M in development starts this quarter, XXXX% build-to-suit
๐Ÿ“ฆ 1.3M SF in U.S. development starts: XXX% preleased
๐Ÿ“ˆ Raised full-year dev start guidance to up to $2.75B
๐Ÿ’ผ $335M in acquisitions at XXX% cap rate
๐Ÿ’ธ $96M in dispositions at XXX% cap rate

๐Ÿข Operational Strength
๐Ÿ”’ Period-end occupancy: XXXX%
๐Ÿ“„ 51.2M SF of leases signed, up X% YoY
๐Ÿ’ผ Leasing proposals surged to 136M SF, or XX% of total rentable space
โฑ๏ธ Leases closing faster: avg. XX days to execution

๐Ÿ“Š Balance Sheet Snapshot
๐Ÿ’ณ $7.1B of liquidity
๐Ÿฆ Issued $5.8B of debt at XXX% avg rate
๐Ÿงฎ Debt-to-EBITDA: 5.1x | Market cap leverage: XXXX%

๐Ÿ”ฎ Guidance Update
๐Ÿ”บ Raised Core FFO guidance to $5.75โ€“$5.80/share
๐Ÿ—๏ธ Upped development start forecast by over $1B
๐Ÿ“ฆ Expect continued rent growth, leasing strength, and BTS demand

๐Ÿ“ฃ CEO Hamid Moghadam:  "Our teams performed exceptionally... staying close to customers and executing with discipline.โ€

๐Ÿ“ฃPresident Dan Letter:  "Our leasing pipeline has reached historically high levels โ€” customers are ready to act, and we're ready to deliver."




XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945509519070539789/c:line.svg)

**Related Topics**
[quarterly earnings](/topic/quarterly-earnings)
[momentum](/topic/momentum)
[$pld](/topic/$pld)
[stocks real estate](/topic/stocks-real-estate)

[Post Link](https://x.com/DailyREITBeat/status/1945509519070539789)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

DailyREITBeat Avatar David Auerbach โญ•๏ธ @DailyREITBeat on x 3873 followers Created: 2025-07-16 15:43:09 UTC

๐Ÿ“ฆ Prologis Q2 2025 Results: Development Heats Up as Leasing Surges ๐Ÿš€

Despite macroeconomic headwinds, @Prologis $PLD delivered a solid second quarterโ€”highlighted by rising core FFO, preleased development starts, and leasing momentum that's breaking records.

๐Ÿ“ˆ Financial Highlights ๐Ÿ’ต Core FFO per share: $XXXX (+9.0% YoY) ๐Ÿ”ป Net earnings per share: $XXXX (โ€“33.7%, FX-related) ๐Ÿ’ฐ Cash same-store NOI: +4.9% ๐Ÿงพ Rent spreads: +53.4% net effective / +34.8% cash basis

๐Ÿ—๏ธ Development & Deployment ๐Ÿ—๏ธ $846M in development starts this quarter, XXXX% build-to-suit ๐Ÿ“ฆ 1.3M SF in U.S. development starts: XXX% preleased ๐Ÿ“ˆ Raised full-year dev start guidance to up to $2.75B ๐Ÿ’ผ $335M in acquisitions at XXX% cap rate ๐Ÿ’ธ $96M in dispositions at XXX% cap rate

๐Ÿข Operational Strength ๐Ÿ”’ Period-end occupancy: XXXX% ๐Ÿ“„ 51.2M SF of leases signed, up X% YoY ๐Ÿ’ผ Leasing proposals surged to 136M SF, or XX% of total rentable space โฑ๏ธ Leases closing faster: avg. XX days to execution

๐Ÿ“Š Balance Sheet Snapshot ๐Ÿ’ณ $7.1B of liquidity ๐Ÿฆ Issued $5.8B of debt at XXX% avg rate ๐Ÿงฎ Debt-to-EBITDA: 5.1x | Market cap leverage: XXXX%

๐Ÿ”ฎ Guidance Update ๐Ÿ”บ Raised Core FFO guidance to $5.75โ€“$5.80/share ๐Ÿ—๏ธ Upped development start forecast by over $1B ๐Ÿ“ฆ Expect continued rent growth, leasing strength, and BTS demand

๐Ÿ“ฃ CEO Hamid Moghadam: "Our teams performed exceptionally... staying close to customers and executing with discipline.โ€

๐Ÿ“ฃPresident Dan Letter: "Our leasing pipeline has reached historically high levels โ€” customers are ready to act, and we're ready to deliver."

XXX engagements

Engagements Line Chart

Related Topics quarterly earnings momentum $pld stocks real estate

Post Link

post/tweet::1945509519070539789
/post/tweet::1945509519070539789