Prologis reports higher third-quarter FFO and raises 2026 investment targets

Prologis reported third-quarter 2026 net earnings of $0.86 per diluted share, up from $0.82 a year earlier, while Core FFO rose to $1.60 from $1.49; cash same-store NOI increased 5.9% and average occupancy was 95.1%. The company raised its 2026 guidance for Core FFO to $6.25-$6.29 per share and increased acquisition guidance to $2.1-$2.3 billion, development stabilization guidance to $2.5-$3.0 billion and development-start guidance to $5.0-$5.75 billion; Prologis also said shareholder approval was an important milestone toward its proposed combination with SEGRO plc.