Prologis is the global leader in logistics real estate, focused on high-barrier, high-growth markets. The company owns or has investments in logistics facilities and development projects expected to total approximately 1.3 billion square feet across 20 countries, and it leases modern logistics facilities to a diverse base of ~6,500 customers (including business-to-business and retail/online fulfillment users). Prologis operates a multi-pronged platform that combines (1) a core real estate business that generates cash flow through leasing and operating an irreplaceable global portfolio, (2) a development business that builds modern logistics facilities—often leveraging a strategic land bank and redevelopment sites—and typically holds assets long-term or contributes them to co-investment ventures, and (3) a strategic capital business that partners with institutional investors through co-investment ventures, generating management and other fee income (and, in certain structures, incentive promote revenues). Beyond real estate, Prologis offers value-added solutions through its Prologis Essentials platform (warehouse operations and optimization solutions), Energy + Sustainability offerings (including onsite solar, energy storage, and fleet electrification/mobility solutions), and invests in innovation through Prologis Ventures, its venture capital arm focused on logistics and supply-chain technologies.