Company: PLDGP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000950170-25-021272
Chunk: 501

Company: Prologis, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 501
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 630,955

        2,987

        2,960

        $
        54,840,666

        $
        52,626,191

        Improved land

        23,438,687

        22,809,306

        Development portfolio, including land costs:

        Prestabilized
         
        5,387

        13,369

        19

        45

        813,029

        1,838,805

        Properties under development
         
        18,306

        26,438

        66

        85

        2,016,584

        2,528,650

        Land (1)

        4,453,522

        3,775,553

        Other real estate investments (2)

        5,683,688

        5,088,070

        Total investments in real estate properties

        91,246,176

        88,666,575

        Less accumulated depreciation

        12,758,159

        10,931,485

        Net investments in real estate properties

        $
        78,488,017

        $
        77,735,090

      (1)At December 31, 2024, and 2023, our land was comprised of 8,708 and 8,197 acres, respectively.(2)Included in other real estate investments were principally: (i) land parcels we own and lease to third parties; (ii) renewable energy assets, including solar panels and electric vehicle chargers, and energy storage systems; (iii) non-strategic real estate assets that we do not intend to operate long term; and (iv) non-industrial real estate assets that we intend to redevelop as industrial properties or data centers. At December 31, 2024, we had investments in real estate assets in the U.S. and other Americas (Brazil, Canada and Mexico), Europe (Belgium, the Czech Republic, France, Germany, Hungary, Italy, the Netherlands, Poland, Slovakia, Spain, Sweden and the United Kingdom (“U.K.”)) and Asia (China, India, Japan and Singapore). Acquisitions The following table summarizes our real estate acquisition activity, excluding the Duke Transaction as discussed in Note 3, for the years ended December 31 (dollars and square feet in thousands):