Prologis vows it’ll vie for even more M&A deals. However, the firm might have a steeper M&A hill to climb going forward, as the availability of high-quality portfolios in the red-hot industrial sector is “dwindling,” Hamid Moghadam, chairman and CEO of San Francisco-based Prologis, told Wall Street analysts on July 16. Nonetheless, the dearth of high-quality industrial assets is unlikely to deter Prologis. FULL ARTICLE |