Prologis agrees to acquire a partner's interest in a Brazil portfolio for $362 million. At close of the transaction, Prologis owns 100 percent of Prologis CCP and renames the business Prologis Brazil.
S&P Global Ratings raises Prologis, Inc.'s rating to A- from BBB+, citing the diversified real estate portfolio and potential for rent growth.
Moody's Investors Service upgrades Prologis, L.P.'s senior unsecured rating to A3 from Baa1. The rating service also upgrades Prologis’ preferred stock to Baa1 from Baa2.
Prologis completes the acquisition of the real estate assets and operating platform of KTR Capital Partners and its affiliates for a total purchase price of $5.9 billion.
Prologis completes its initial public offering for FIBRA Prologis, the first for a FIBRA in Latin America. FIBRA Prologis comprises approximately 30 million square feet (2.8 million square meters) across six markets in Mexico.
Prologis European Logistics Partners Sarl—a joint venture with Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global—closes with an initial acquisition of 195 Class-A properties comprising 49 million square feet (4.5 million square meters).
Nippon Prologis REIT, Inc., a Japanese real estate investment trust, successfully completes its initial public offering on the Tokyo Stock Exchange, providing investors a unique investment opportunity and further positioning Prologis for sustained growth in Japan.
Prologis assumes 100 percent control of Prologis European Properties ahead of schedule, thus liquidating the fund. Assets received include 210 facilities covering 48.4 million square feet (4.5 square meters) across 11 countries.
ProLogis and AMB complete a merger of equals to create the preeminent global industrial real estate company, with more than $40 billion of assets under management and a platform of logistics and distribution facilities on four continents.
AMB forms a €470 million joint venture with Allianz Real Estate, marking Allianz Real Estate’s largest joint venture and biggest foray into the logistics real estate industry.
ProLogis closes the sale on a majority of Catellus retail and mixed-use assets to affiliates of TPG Capital for $353 million, including rights to the Catellus name.
AMB forms Mexico Fondo Logistico, the first of its kind industrial venture for Mexican pension funds (AFORES)
ProLogis sells its China operations and its 20 percent interest in Japan Property Funds to GIC Real Estate for $1.3 billion.
AMB completes its equity offering, fortifying the balance sheet and securing projected capital needs through 2012.
AMB starts working in Brazil through a joint venture with a Brazilian partner
ProLogis releases real estate industry’s first annual sustainability report.
ProLogis becomes a FORTUNE 1000 company. The ProLogis European Properties Fund completes initial public offering on the Euronext exchange in Amsterdam.
ProLogis completes a merger with Catellus, a North American industrial development company, for $5.3 billion.
ProLogis acquires Keystone Industrial Trust for $1.5 billion. The company forms its first joint venture in China with Suzhou Logistics Center Co. Ltd.
AMB forms the first open-end commingled fund by a real estate investment trust (REIT)—AMB Institutional Alliance Fund III. It also establishes new business lines, including direct development and additional private capital products.
ProLogis is added to the S&P 500. The company announces its entry into the China market.
ProLogis forms the ProLogis Japan Properties Fund ($1 billion) with the Government of Singapore Real Estate.
AMB launches its international expansion program focused on trade-centric locations in Mexico, Europe and Asia.
ProLogis announces its entry into the Japan market.
ProLogis forms its first property fund, ProLogis California ($556 million), and the ProLogis European Property Fund.
AMB exits community shopping center investments to focus on industrial properties in targeted markets.
SCI officially changes its name to ProLogis. The company acquires Meridian Industrial Trust for $1.5 billion.
The company establishes its first European office in Amsterdam.
AMB closes its initial public offering with more than $2.8 billion under management.
SCI expands outside the United States for the first time with acquisitions in Mexico.
SCI makes its initial public offering on the New York Stock Exchange
The company that is to later become ProLogis is incorporated as Security Capital Industrial Trust (SCI).
AMB refines its investment strategy by exiting office markets and focusing on industrial and shopping centers in infill trade areas.
Douglas Abbey, Hamid Moghadam and T. Robert Burke (joined in 1984) found AMB Property Corporation, focusing on investment in office, industrial and community shopping centers on behalf of major institutional investors.