Prologis Reports Fourth Quarter and Full Year 2020 Earnings Results
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SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, reported results for the fourth quarter of 2020.
Net earnings per diluted share was $0.38 for the quarter and $2.01 for the year compared with $0.61 and $2.46 for the same periods in 2019. The decline in 2020 was due to lower gains on dispositions and higher costs from early extinguishment of debt.
Core funds from operations (Core FFO) per diluted share was $0.95 for the quarter, compared with $0.84 for the same period in 2019. For the full year 2020, Core FFO per diluted share was $3.80 compared with $3.31 for the same period in 2019. Core FFO for full-year periods 2020 and 2019 included net promote income per diluted share of $0.22 and $0.18, respectively.
PHILADELPHIA, Jan. 19, 2021 /PRNewswire/ PREIT today announced that the tax status of the distributions paid per share during 2020 is as follows: . | January 19, 2021
Constance B. Moore has been appointed as chair of its board of directors. Moore, who has served as an independent director on Columbia’s board since 2017, succeeds John L. Dixon, who has served as chair since 2012 and as a member of Columbia’s board of directors since 2008. Dixon has elected to step down as chair but will continue as an independent director on the board. Moore has more than 40 years of experience in the real estate industry, most recently serving as president, CEO, and a board member of BRE Properties. She previously held executive positions with Security Capital Group & Affiliates.
/PRNewswire/ PREIT (NYSE: PEI) today announced that the tax status of the distributions paid per share during 2020 is as follows: COMMON SHARES IRS Form.
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