Prologis to Raise $2.1 Billion in Common Stock Offering

Prologis entered an underwriting agreement on August 4, 2026, to sell 15 million common shares, expected to generate approximately $2.1 billion in net proceeds, or $2.4 billion if underwriters exercise their full 2.25 million-share over-allotment option; the offering was expected to close August 5. Prologis plans to contribute the proceeds to Prologis, L.P. for general corporate purposes, including potential acquisitions such as SEGRO plc, but said there is no assurance that the combination will be completed.