Prologis, Inc. is a global owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. The Company’s business strategy includes two operating segments Real Estate Operations and Investment Management. Real Estate Operations involves Rental Operations which represents the primary source of revenue, earnings and funds from operations (FFO). The Company collects rent from customers under operating leases, including reimbursements for the vast majority of operating costs; and Capital Deployment - Capital deployment includes development, re-development and acquisition activities that support rental operations and are therefore included with that line of business for segment reporting.

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