8-K/AExhibits & Filings

Prologis, Inc. 8-K/A Report, Exhibit Filing (Aug 6, 2015)

Filed August 6, 2015For Securities:PLDPLDGP

Summary

Prologis, Inc. filed this Form 8-K/A on August 5, 2015, to provide supplementary financial information and pro forma data related to its previously announced acquisition of KTR Capital Partners' real estate assets and operating platform. The amendment specifically addresses Item 9.01 of Form 8-K, presenting the required financial statements of the acquired KTR portfolio and pro forma financial information for Prologis. Investors should review these filings to understand the financial impact of the KTR acquisition on Prologis's consolidated financial position and operational results. This filing is crucial for assessing the scale and financial characteristics of the acquired KTR assets, including their historical revenues and expenses. The pro forma statements offer a forward-looking perspective, showing how Prologis's financials would have looked had the acquisition occurred at an earlier point in time. This allows for a more informed evaluation of the acquisition's potential accretion to earnings and its contribution to Prologis's overall growth strategy in the industrial real estate sector.

Key Highlights

  • 1Amendment to a prior Form 8-K filing, providing additional financial details.
  • 2Focuses on the acquisition of KTR Capital Partners' real estate assets and operating platform, completed on May 29, 2015.
  • 3Includes financial statements for the acquired KTR portfolio, as required by Rule 3-14 of Regulation S-X.
  • 4Presents pro forma financial information for Prologis, Inc. and Prologis, L.P., reflecting the impact of the KTR acquisition.
  • 5Pro forma statements cover periods including the six months ended June 30, 2015, and the year ended December 31, 2014.
  • 6Auditor consents from KPMG LLP are included, indicating independent verification of the provided information.
  • 7The filing is an informational supplement, not a new transaction announcement.

Frequently Asked Questions

This Form 8-K/A filing is an amendment to a previous Form 8-K. Its primary purpose is to provide the financial statements of the acquired KTR Capital Partners' real estate assets and operating platform, as well as pro forma financial information for Prologis, Inc. and Prologis, L.P., related to this acquisition.

This section (Exhibit 99.1) includes the financial statements specifically for the KTR Portfolio acquired by Prologis. This typically involves statements of revenues and certain expenses for the acquired properties, allowing investors to see the historical financial performance of the assets being integrated into Prologis.

The Pro Forma Financial Information (Exhibit 99.2) shows how Prologis's financial statements would have appeared if the KTR acquisition had occurred on an earlier date. This helps investors understand the potential impact of the acquisition on Prologis's historical financial results, including its consolidated statements of operations for relevant periods.

It is an amendment because Prologis had previously filed an 8-K on June 1, 2015, reporting the completion of the KTR acquisition. This 8-K/A is filed to furnish the required financial statements and pro forma data that were not immediately available at the time of the initial 8-K filing, as per SEC regulations for significant acquisitions.