Prologis is set to report its Q2 2026 financial results, with expected 5% growth in revenue and FFO driven by 95.3% occupancy and strong rent spreads. The company is strategically pivoting toward data centers, which now account for approximately half of its new development starts. Meanwhile, SEGRO rejected a third acquisition bid from Prologis valued at £13.5 billion, leading Prologis to publicly criticize SEGRO's defense strategy ahead of a formal 'put up or shut up' deadline.
CCLA Investment Management calls on Segro to negotiate with Prologis as the formal 'put up or shut up' regulatory deadline looms.
Read the full storySEGRO rejected a third £13.5 billion approach as Prologis publicly critiqued its defense strategy just ahead of the formal bid deadline.
Investors await Prologis's July 16 report to gauge how rent growth and leasing momentum are offsetting broader economic pressures.
The world's largest industrial landlord expects 5% FFO growth as data centers now account for nearly half of its new development starts.