EX-99.1

2013 Prologis

Supplemental 2Q 2013

Table of Contents

Overview

Press Release

Highlights

Company Profile

Company Performance

Financial Information

Consolidated Balance Sheets

Consolidated Statements of Operations

Reconciliation of Net Earnings (Loss) to FFO

EBITDA Reconciliation

Pro-rata Information

Operations Overview

Operating Portfolio

Operating Metrics

Customer Information

Capital Deployment

Dispositions and Contributions

Third Party Building Acquisitions and Equity Invested in

Co-Investment Ventures

Development Starts

Development Portfolio

Land Portfolio

Co-Investment Ventures

Summary and Financial Highlights

Operating and Balance Sheet Information

Capitalization

Debt and Equity Summary

Debt Covenants and Other Metrics

Assets Under Management

Net Asset Value

Components

Notes and Definitions

Guangzhou Phase II, Guangzhou, China

Prologis Park Redlands, CA, United States

Prologis Park Budapest Gyal, Budapest, Hungary

Cover: Prologis Park Piotrkow, DC1, Warsaw, Poland

2013 Prologis

Prologis, Inc. Announces Second Quarter 2013 Earnings Results

Rents on rollover increased 4.0 percent -

Leased 36.3 million square feet -

Increasing deployment guidance by $1.7 billion -

SAN FRANCISCO (July 24, 2013) – Prologis, Inc. (NYSE: PLD), the

leading global owner, operator and developer of industrial real estate,

today reported results for the second quarter 2013.

Core funds from operations (Core FFO) per fully diluted share was

$0.41 for the second quarter compared to $0.43 for the same period in

2012. Net loss per fully diluted share was less than $0.01 for the second

quarter compared to a net loss per share of $0.02 for the same period in

2012. The net loss in the quarter was principally due to costs associated

with the early extinguishment of debt, as well as from depreciation on

real estate.

Operating Portfolio Metrics

The company leased 36.3 million square feet (3.4 million square

meters) in its combined operating and development portfolios in the

second quarter. Prologis ended the quarter with 93.7 percent

occupancy in its operating portfolio, consistent with the prior quarter.

Tenant retention in the second quarter was 84.6 percent. GAAP rental

rates on leases signed in the quarter increased 4.0 percent from prior

rents compared to a decrease of 3.8 percent in the same period in

2012.

During the second quarter, same-store net operating income (NOI)

increased 0.7 percent and decreased 0.4 percent on an adjusted cash

basis.

“With our accomplishments in the quarter we are closing out our 10

quarter plan ahead of schedule,” said Hamid R. Moghadam, chairman

and CEO, Prologis. “Our efforts have simplified the company and built a

strong foundation for sustainable growth.”

Capital Deployment

Invested capital during the second quarter totaled $922.2 million, of

which

$796.7 million was Prologis' share, including:

Development starts of $385.3 million with a weighted average

estimated yield of 7.1% and an estimated development margin

of 13.9 percent. Prologis’ share was $301.4 million and the

company’s estimated share of value creation upon stabilization

is expected to be $42.7 million;

Acquisitions of $127.2 million of buildings and land, of which

$85.6 million was Prologis’ share. The stabilized capitalization

rate on building acquisitions was 7.2 percent.

$409.7 million of investments in our co-investment ventures,

including Prologis Targeted Europe Logistics Fund, Prologis

European Properties Fund II, and Prologis Institutional Alliance

Fund II, with a stabilized capitalization rate of 6.4 percent.

Subsequent to quarter end, Prologis European Logistics Partners Sàrl,

the company’s joint venture with Norges Bank Investment Management,

acquired a portfolio in the United Kingdom for $380 million, of which

$190 million was Prologis’ share.

At quarter end, Prologis' global development pipeline comprised 26.6

million square feet (2.5 million square meters), with a total expected

investment of $2.3 billion, of which Prologis' share was $1.8 billion. The

company’s share of estimated value creation at stabilization is expected

to be $363.9 million, with a weighted average estimated stabilized yield

expected to be 7.7 percent and a margin of approximately 21.3 percent.

2013 Prologis

Dispositions and Contributions

Prologis completed $567.2 million in contributions and dispositions in

the second quarter, of which $347.7 million was the company’s share,

with a stabilized capitalization rate of 5.6 percent, including:

$282.0 million in contributions to Nippon Prologis REIT and

Prologis Mexico Fondo Logistico, of which $237.3 million was

the company’s share; and

$285.2 million of third-party building and land dispositions, of

which $110.4 million was the company’s share.

Investment Management

During the second quarter, the company further streamlined its co-

investment ventures by rationalizing two funds:

Prologis Japan Fund 1, the assets of which were acquired by

Nippon Prologis REIT and Prologis; and

Prologis Institutional Alliance Fund II, in which the company

acquired its outside partners' interests and the assets are now

wholly-owned by Prologis.

At quarter end, Prologis had $22.8 billion in combined assets under

management in 15 funds.

Capital Markets

During the second quarter, Prologis completed approximately $4.3

billion in capital markets transactions, including:

$1.5 billion from its follow-on equity offering, including the over-

allotment;

$2.3 billion in debt financings, re-financings, and pay-downs;

and

$482.5 million in preferred stock redemptions.

The company also established an at-the-market equity offering program

to sell up to $750 million of its common stock.

Subsequent to quarter end, Prologis recast and upsized its global line of

credit by $350 million to $2.0 billion, extended the initial term to 2017,

and achieved a 40 basis point reduction in interest rate.

“Our capital markets activity in the quarter provides us with enhanced

financial flexibility,” said Thomas S. Olinger, chief financial officer,

Prologis. “We have a strong balance sheet and the proven ability to

access multiple sources of capital to fund our growth opportunities.”

Guidance for 2013

Prologis narrowed its full-year 2013 Core FFO guidance range to $1.63

to $1.67 per diluted share. The company also expects to recognize net

earnings, for GAAP purposes, of $0.58 to $0.62 per share.

In addition, the company increased its full-year deployment guidance

range by $1.7 billion, to $3.5 billion to $4.1 billion.

The Core FFO and earnings guidance reflected above excludes any

potential future gains (losses) recognized from real estate transactions.

In reconciling from net earnings to Core FFO, Prologis makes certain

adjustments, including but not limited to real estate depreciation and

amortization expense, gains (losses) recognized from real estate

transactions and early extinguishment of debt or redemption of

preferred stock, impairment charges, deferred taxes, and unrealized

gains or losses on foreign currency or derivative activity.

The difference between the company's Core FFO and net earnings

guidance for 2013 predominantly relates to real estate depreciation and

recognized gains on real estate transactions.

Webcast and Conference Call Information

The company will host a webcast /conference call to discuss quarterly

results, current market conditions and future outlook today, July 24, at

12:00 p.m. U.S. Eastern Time. Interested parties are encouraged to

access the live webcast by clicking the microphone icon located near

the top of the opening page of the Prologis Investor Relations website

2013 Prologis

(http://ir.prologis.com). Interested parties also can participate

via conference call by dialing +1 877-256-7020 (from the U.S.

and Canada toll free) or +1 973-409-9692 (from all other

countries) and enter conference code 97107173.

A telephonic replay will be available from July 24 through

August 23 at +1 855-859-2056 (from the U.S. and Canada) or

+1 404-537-3406 (from all other countries), with conference

code 97107173. The webcast replay will be posted when

available in the "Events & Presentations" section of Investor

Relations on the Prologis website.

About Prologis

Prologis, Inc., is the leading owner, operator and developer of

industrial real estate, focused on global and regional markets

across the Americas, Europe and Asia. As of June 30, 2013,

Prologis owned or had investments in, on a wholly owned basis

or through co-investment ventures, properties and development

projects expected to total approximately 563 million square feet

(52.3 million square meters) in 21 countries. The company

leases modern distribution facilities to more than 4,500

customers, including manufacturers, retailers, transportation

companies, third-party logistics providers and other enterprises.

The statements in this release that are not historical facts are

forward-looking statements within the meaning of Section 27A

of the Securities Act of 1933, as amended, and Section 21E of

the Securities Exchange Act of 1934, as amended. These

forward-looking statements are based on current expectations,

estimates and projections about the industry and markets in

which Prologis operates, management's beliefs and

assumptions made by management. Such statements involve

uncertainties that could significantly impact Prologis' financial

results. Words such as "expects," "anticipates," "intends,"

"plans," "believes," "seeks," "estimates," variations of such

words and similar expressions are intended to identify such

forward-looking statements, which generally are not historical in

nature. All statements that address operating performance,

events or developments that we expect or anticipate will occur

in the future — including statements relating to rent and

occupancy growth, development activity and changes in sales

or contribution volume of developed properties, disposition

activity, general conditions in the geographic areas where we

operate, synergies to be realized from our recent merger

transaction, our debt and financial position, our ability to form

new property funds and the availability of capital in existing or

new property funds — are forward-looking statements. These

statements are not guarantees of future performance and

involve certain risks, uncertainties and assumptions that are

difficult to predict. Although we believe the expectations

reflected in any forward-looking statements are based on

reasonable assumptions, we can give no assurance that our

expectations will be attained and therefore, actual outcomes

and results may differ materially from what is expressed or

forecasted in such forward-looking statements. Some of the

factors that may affect outcomes and results include, but are

not limited to: (i) national, international, regional and local

economic climates, (ii) changes in financial markets, interest

rates and foreign currency exchange rates, (iii) increased or

unanticipated competition for our properties, (iv) risks

associated with acquisitions, dispositions and development of

properties, (v) maintenance of real estate investment trust

("REIT") status and tax structuring, (vi) availability of financing

and capital, the levels of debt that we maintain and our credit

ratings, (vii) risks related to our investments in our co-

investment ventures and funds, including our ability to establish

new co-investment ventures and funds, (viii) risks of doing

business internationally, including currency risks, (ix)

environmental uncertainties, including risks of natural disasters,

and (x) those additional factors discussed in reports filed with

the Securities and Exchange Commission by Prologis under the

heading "Risk Factors." Prologis undertakes no duty to update

any forward-looking statements appearing in this release

Media Contacts

Tracy Ward, Tel: +1 415 733 9565, tward@prologis.com,

San Francisco Atle Erlingsson, Tel: +1 415 733 9495,

aerlingsson@prologis.com, San Francisco

2013 Prologis

Supplemental 2Q 2013

Prologis, Inc. is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia.

As of June 30, 2013, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects

totaling

563

million

square

feet

(52.3

million

square

meters)

countries.

The

company

leases

modern

distribution

facilities

than

4,500

customers,

including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.

Highlights

Company Profile

(A)

Generally represents properties in which Prologis has an ownership interest but does not manage (6 msf) and other properties owned by Prologis (4 msf), which includes value added

properties (3 msf).

(B)

Original cost basis for the total land portfolio is $2.8 billion.

Number of operating portfolio buildings

2,324

588

363

136

Total (msf)

386

139

$1,115

$177

$987

7,151

3,401

178

$1,009

$677

$91

TOTAL

526

$1,777

$2,279

563

10,730

2,986

Land (acres)

Land book value (millions) (B)

AMERICAS (4 countries)

ASIA (3 countries)

EUROPE (14 countries)

Operating Portfolio (msf)

Development Portfolio (msf)

Other (msf) (A)

Development portfolio TEI (millions)

2013 Prologis

Supplemental 2Q 2013

Highlights

Company Performance

2013

2012

2013

2012

419,474

501,181

908,684

979,049

(1,517)

(8,120)

263,899

194,293

202,238

172,671

560,038

434,743

203,337

201,320

391,274

386,085

143,302

148,569

283,979

282,392

334,004

382,688

675,582

757,309

Net earnings (loss) attributable to common stockholders

0.00

(0.02)

0.55

0.42

FFO, as defined by Prologis

0.41

0.37

1.16

0.93

Core FFO

0.41

0.43

0.82

0.83

Six months ended June 30,

Revenues

Net earnings (loss) attributable to common stockholders

(dollars in thousands, except per share data)

Three months ended June 30,

Per

common

diluted:

FFO, as defined by Prologis

Core FFO

AFFO

Adjusted EBITDA

$252

$209

$255

$218

$50

$100

$150

$200

$250

$300

Q3 2012

Q4 2012

Q1 2013

Q2 2013

Core FFO and Development Value

Creation (in millions)

Core FFO

Development

Value

Creation

Prologis

93.1%

94.0%

93.7%

85%

90%

95%

100%

Q3 2012

Q4 2012

Q1 2013

Q2 2013

Operating Portfolio -

Owned and Managed

Period Ending Occupancy %

2013 Prologis

Supplemental 2Q 2013

Financial Information

Consolidated Balance Sheets

(in thousands)

17,755,655

17,521,075

22,608,248

939,794

884,352

951,643

1,710,583

1,754,053

1,794,364

492,833

436,328

454,868

20,898,865

20,595,808

25,809,123

2,422,909

2,292,946

2,480,660

Net investments in properties

18,475,956

18,302,862

23,328,463

3,884,766

3,635,214

2,195,782

189,636

188,000

25,330

25,391

26,027

Net investments in real estate

22,575,688

22,151,467

25,738,272

385,424

785,359

100,810

26,642

48,605

176,926

124,980

139,691

171,084

924,834

950,177

1,123,053

Total assets

24,037,568

24,075,299

27,310,145

8,417,310

9,074,123

11,790,794

482,500

1,297,756

1,308,143

1,746,015

Total liabilities

9,715,066

10,864,766

13,536,809

100,000

582,200

4,986

4,624

4,618

17,939,829

16,461,486

16,411,855

(541,355)

(503,786)

(233,563)

(3,704,034)

(3,561,429)

(3,696,093)

Total stockholders' equity

13,799,426

12,500,895

13,069,017

470,995

658,871

653,125

52,081

50,767

51,194

Total equity

14,322,502

13,210,533

13,773,336

Total liabilities and equity

24,037,568

24,075,299

27,310,145

December 31, 2012

Investments in and advances to unconsolidated entities

Land

Assets held for sale

Operating properties

Development portfolio

Notes receivable backed by real estate

June 30, 2013

Investments in real estate assets:

March 31, 2013

Assets:

Other real estate investments

Other assets

Liabilities:

Less accumulated depreciation

Restricted cash

Accounts receivable

Cash and cash equivalents

Liabilities and Equity:

Noncontrolling interests - limited partnership unitholders

Preferred stock

Accounts payable, accrued expenses, and other liabilities

Debt

Distributions in excess of net earnings

Equity:

Common stock

Additional paid-in capital

Accumulated other comprehensive loss

Noncontrolling interests

Stockholders' equity:

Preferred stock at redemption value

2013 Prologis

Supplemental 2Q 2013

Financial Information

Consolidated Statements of Operations

(A) See Calculation of Per Share Amounts in the Notes and Definitions.

(in thousands, except per share amounts)

372,737

468,459

826,120

910,857

43,608

30,993

77,243

63,350

3,129

1,729

5,321

4,842

419,474

501,181

908,684

979,049

112,581

125,918

245,907

244,151

25,006

15,075

44,915

31,956

54,909

51,415

111,106

111,574

158,965

178,756

335,454

358,315

6,771

7,227

11,124

11,562

21,186

31,914

3,185

358,232

399,577

748,506

792,657

61,242

101,604

160,178

186,392

8,421

3,889

33,189

17,884

4,577

5,366

8,790

10,793

(92,508)

(127,582)

(207,498)

(260,551)

61,035

520

399,880

268,291

(7,829)

13,299

469

(13,802)

(32,608)

(500)

(49,959)

4,919

(16,135)

(58,912)

(105,008)

184,871

11,399

2,330

(3,404)

345,049

197,791

20,488

8,075

72,354

20,199

(18,158)

(11,479)

272,695

177,592

(294)

6,273

(49)

19,051

13,467

9,874

19,301

21,123

13,173

16,147

19,252

40,174

(4,985)

4,668

291,947

217,766

7,284

(2,739)

(4,819)

(2,857)

2,299

1,929

287,128

214,909

(3,816)

(10,049)

(14,121)

(20,616)

(9,108)

(1,517)

(8,120)

263,899

194,293

486,032

459,878

478,116

464,696

0.00

(0.02)

0.55

0.42

Preferred stock dividends

Net earnings (loss) attributable to common stockholders

Total discontinued operations

Net earnings (loss) per share attributable to common stockholders - Diluted

Weighted average common shares outstanding - Diluted (A)

Loss on preferred stock redemption

Income (loss) attributable to disposed properties and assets held for sale

Net gains on dispositions

Consolidated net earnings (loss)

Net loss (earnings) attributable to noncontrolling interests

Net earnings attributable to controlling interests

Discontinued operations:

Impairment of other assets

Gains on acquisitions and dispositions of investments in real estate, net

Foreign currency and derivative gains (losses) and other income (expenses), net

Gains (losses) on early extinguishment of debt, net

Total other income (expense)

Earnings (loss) before income taxes

Income tax expense - current and deferred

Earnings (loss) from continuing operations

Interest expense

Rental expenses

Investment management expenses

General and administrative expenses

Impairment of real estate properties

Depreciation and amortization

Merger, acquisition and other integration expenses

Total expenses

Operating income

Other income (expense):

Earnings from unconsolidated entities, net

Interest income

Other expenses

2013

2012

Six Months Ended

June 30,

Expenses:

2013

2012

Revenues:

Rental income

Investment management income

Development management and other income

Total revenues

Three Months Ended

June 30,

2013 Prologis

Supplemental 2Q 2013

Financial Information

Reconciliations of Net Earnings (Loss) to FFO

(1,517)

(8,120)

263,899

194,293

153,229

174,516

323,469

349,965

(8,010)

(2,210)

(109,690)

(164,234)

(719)

(3,950)

(3,660)

(16,004)

37,931

34,444

63,414

68,982

180,914

194,680

537,432

433,002

8,133

(14,519)

7,495

9,717

(4,350)

(5,809)

(2,216)

(4,758)

17,541

(1,681)

17,327

(3,218)

202,238

172,671

560,038

434,743

(33,806)

838

(226,222)

(103,893)

32,608

500

59,067

(4,919)

Our share of reconciling items included in earnings from unconsolidated entities

2,297

6,125

(1,609)

8,920

19,320

21,186

31,914

1,099

28,649

(168,764)

(48,658)

203,337

201,320

391,274

386,085

(4,906)

(6,646)

(12,790)

(17,993)

(19,318)

(14,755)

(33,606)

(28,169)

(27,353)

(22,150)

(47,741)

(46,137)

(19,224)

(12,784)

(32,624)

(23,117)

Amortization of management contracts

1,393

1,792

3,008

Amortization of debt discounts (premiums) and financing costs, net of capitalization

(3,839)

(6,063)

(10,841)

(7,452)

Stock compensation expense

13,212

7,855

27,299

16,167

AFFO

143,302

148,569

283,979

282,392

Common stock dividends

141,083

131,513

271,836

261,593

2012

Six Months Ended

June 30,

2013

2012

Three Months Ended

June 30,

Unrealized foreign currency and derivative losses (gains), net

Deferred income tax benefit

Our share of reconciling items included in earnings from unconsolidated entities

2013

Straight-lined rents and amortization of lease intangibles

Property improvements

Tenant improvements

Leasing commissions

Reconciliation of net earnings (loss) to FFO

Subtotal-NAREIT defined FFO

FFO, as defined by Prologis

Reconciling items related to noncontrolling interests

Core FFO

Net earnings (loss) attributable to common stockholders

Add (deduct) NAREIT defined adjustments:

Add (deduct) our defined adjustments:

Real estate related depreciation and amortization

Net gains on non-FFO dispositions and acquisitions

Our share of reconciling items included in earnings from unconsolidated entities

Adjustments to arrive at Adjusted FFO ("AFFO"), including our share of unconsolidated entities:

Adjustments to arrive at Core FFO, including our share of unconsolidated entities:

Adjustments to arrive at Core FFO

Impairment charges

Merger, acquisition and other integration expenses

Losses (gains) on early extinguishment of debt and redemption of preferred stock, net

Net losses (gains) on acquisitions and dispositions of investments in real estate, net of related income taxes

(in thousands)

2013 Prologis

Supplemental 2Q 2013

2013 Prologis

Supplemental 2Q 2013

Operations Overview

Operating Metrics –

Owned and Managed

(A) Turnover costs per foot represent expected costs based on the leases signed during the quarter.

(square feet and dollars in thousands)

End

Q3 2012

Q4 2012

Q1 2013

Q2 2013

2,279

3,772

3,787

2,389

New leases

12,102

11,571

9,688

9,713

Renewals

24,599

25,118

22,374

24,148

36,701

36,689

32,062

33,861

38,980

40,461

35,849

36,250

Rent change on rollover

(1.7%)

(2.1%)

2.0%

4.0%

Don’t Delete This

Square feet of leases signed:

Leasing Activity

Total square feet of leases signed

Properties under development

Operating portfolio:

Square feet of leases signed in the operating porfolio

Average term of leases signed (months)

93.3%

92.0%

96.5%

93.1%

94.2%

93.0%

96.9%

94.0%

93.8%

92.9%

97.1%

93.7%

93.1%

96.4%

93.7%

85%

90%

95%

100%

Total

Asia

Americas

Europe

Q3 2012 Q4 2012 Q1 2013 Q2 2013

60%

65%

70%

75%

80%

85%

90%

Q3 2012

Q4 2012

Q1 2013

Q2 2013

Weighted Average Customer Retention

87.5%

87.3%

78.0%

84.6%

9.1%

8.8%

8.7%

7.8%

10%

12%

$1.25

$1.35

$1.45

$1.55

$1.65

$1.75

Q3 2012

Q4 2012

Q1 2013

Q2 2013

$1.50

$ 1.41

$1.38

$1.36

-1.7%

-2.1%

2.0%

4.0%

-5.0%

-3.0%

-1.0%

1.0%

3.0%

5.0%

Q3 2012

Q4 2012

Q1 2013

Q2 2013

Rent Change on Rollover

Turnover Costs (per square foot) (A) -

Value of Lease (%)

Period Ending Occupancy by Division

2013 Prologis

Supplemental 2Q 2013

Operations Overview

Operating Metrics –

Owned and Managed

(A) See the Notes and Definitions for further explanations.

(B) Turnover costs represent costs incurred during the quarter.

(square feet and dollars in thousands)

Q3 2012

Q4 2012

Q1 2013

Q2 2013

Q3 2012

Q4 2012

Q1 2013

Q2 2013

33,704

47,517

18,264

25,046

514,031

501,957

510,295

508,242

0.06

0.09

0.03

0.05

Rental income

2.3%

1.8%

2.7%

1.4%

31,515

36,715

27,241

34,915

Rental expenses

1.1%

6.8%

9.1%

3.5%

21,483

25,166

18,344

26,827

Net operating income - GAAP

2.7%

0.1%

0.3%

0.7%

Total turnover costs (B)

52,998

61,881

45,585

61,742

Net operating income - adjusted cash

3.0%

0.8%

1.8%

(0.4%)

86,702

109,398

63,849

86,788

Average occupancy

2.3%

2.1%

1.6%

1.9%

Trailing four quarters - % of gross NOI

12.7%

13.9%

14.0%

14.8%

72.0%

75.4%

75.3%

75.9%

62,428

82,488

48,076

65,895

Don’t Delete this cell

Same Store Information (A)

Prologis share

Weighted average ownership percent

$ per square foot

Total capital expenditures

Leasing commissions

Property improvements

Tenant improvements

Capital Expenditures Incurred

Square feet of population

Percentage change:

$0.05

$0.06

$0.01

$0.02

$0.03

$0.04

$0.05

$0.06

$0.07

$0.08

$0.09

$0.10

Q3 2012

Q4 2012

Q1 2013

Q2 2013

Property Improvements by Square Foot

(trailing four quarters)

2013 Prologis

Supplemental 2Q 2013

Operations Overview

Customer Information –

Owned and Managed

DHL

1.8%

11,882

Month to month customers

52,029

1.9%

10,437

2.1%

CEVA Logistics

1.3%

6,686

2013

147,264

5.5%

29,316

5.9%

Kuehne + Nagel

1.1%

5,871

2014

439,166

16.4%

84,326

17.1%

Amazon.com, Inc.

1.1%

4,678

2015

470,998

17.6%

90,142

18.3%

Geodis

0.9%

5,517

2016

398,726

14.9%

77,213

15.7%

Home Depot, Inc.

0.9%

4,177

2017

349,745

13.1%

64,197

13.0%

FedEx Corporation

0.8%

2,372

Thereafter

818,138

30.6%

137,417

27.9%

Hitachi Ltd

0.8%

2,148

Total

2,676,066

100%

493,048

100%

United States Government

0.8%

1,483

PepsiCo

0.7%

4,883

10.2%

49,697

Tesco PLC

0.6%

2,693

Panasonic Co., Ltd.

0.6%

2,192

Month to month customers

38,494

2.3%

7,299

2.3%

Panalpina, Inc.

0.6%

2,457

2013

97,579

5.9%

19,205

6.0%

Sagawa Express

0.5%

1,120

2014

275,517

16.5%

55,881

17.6%

Wal-Mart Stores, Inc.

0.5%

2,655

2015

292,330

17.5%

58,171

18.3%

ND Logistics

0.5%

2,481

2016

255,952

15.4%

51,539

16.2%

Nippon Express Group

0.5%

1,359

2017

218,254

13.1%

40,777

12.8%

APL (Neptune Orient Lines)

0.5%

3,805

Thereafter

488,249

29.3%

85,027

26.8%

National Distribution Centers LP

0.4%

3,361

Total

1,666,375

100%

317,899

100%

LG Electronics, Inc.

0.4%

2,540

UPS SCS (United Parcel Service Inc.)

0.4%

2,139

La Poste

0.4%

1,278

DB Schenker

0.4%

2,397

Bayerische Motoren Werke Ag (BMW)

0.4%

1,916

Cal Cartage/Brookvale

0.4%

1,266

17.3%

83,356

Top 10 Customers

Top 25 Customers

Lease Expirations - Operating Portfolio - Prologis Share

Year

Annual Base

Rent

Percentage

of Total

Occupied

Square Feet

Percentage

of Total

Percentage

of Total

Top Customers

Lease Expirations - Operating Portfolio - Owned and Managed

Year

Percentage

of Total

% of Annual

Base Rent

Total Square

Feet

Occupied

Square Feet

Annual Base

Rent

(square feet and dollars in thousands)

2013 Prologis

Supplemental 2Q 2013

Capital Deployment

Dispositions and Contributions

(A)

Prologis share reflects our effective ownership. For contributions, this amount reflects net cash proceeds to Prologis (net of units received for partial consideration).

(B) This is a consolidated fund.

(C)

During the second quarter of 2013, Prologis acquired the noncontrolling interest in this venture. As of June 30, 2013, all remaining assets and liabilities are wholly owned.

(D)

In connection with the wind down of this fund, in June 2013 all the properties owned by this fund were acquired by Prologis or NPR. As of June 30, 2013, there are no more properties

remaining in this venture.

(square feet and dollars in thousands)

Prologis wholly owned

150

$12,083

100.0%

346

$27,452

100.0%

Prologis AMS (B)

229

20,600

7,929

38.5%

Prologis Institutional Alliance Fund II (B) (C)

1,012

285

84,993

23,955

28.2%

1,012

285

84,993

23,955

28.2%

Prologis North American Industrial Fund

218

7,050

1,626

23.1%

218

7,050

1,626

23.1%

Prologis Targeted U.S. Logistics Fund

104

28,003

6,688

23.9%

104

28,003

6,688

23.9%

Total Americas

1,484

510

132,129

44,352

33.6%

1,909

794

168,098

67,650

40.2%

Prologis wholly owned

301

30,941

100.0%

301

30,941

100.0%

Total Europe

301

30,941

100.0%

301

30,941

100.0%

Asia

Prologis wholly owned

Prologis Japan Fund 1 (D)

543

109

108,117

21,623

20.0%

1,094

219

222,157

44,431

20.0%

Total Asia

543

109

108,117

21,623

20.0%

1,094

219

222,157

44,431

20.0%

Total Third Party Building Dispositions

2,328

920

$271,187

$96,916

35.7%

3,304

1,314

$421,196

$143,022

34.0%

Brazil Fund and joint ventures

823

206

$97,383

$24,346

25.0%

Prologis Mexico Fondo Logistico

745

49,429

39,543

80.0%

745

49,429

39,543

80.0%

Total Americas

745

49,429

39,543

80.0%

1,568

951

146,812

63,889

43.5%

Prologis Targeted Europe Logistics Fund

571

39,722

26,872

67.7%

Prologis European Logistics Partners (PELP)

48,743

3,074,924

1,537,462

50.0%

Total Europe

0.0%

49,314

3,114,646

1,564,334

50.2%

Asia

Nippon Prologis REIT (NPR)

1,024

232,609

197,718

85.0%

10,597

2,095,442

1,781,126

85.0%

Total Asia

1,024

232,609

197,718

85.0%

10,597

2,095,442

1,781,126

85.0%

1,769

$282,038

$237,261

84.1%

61,479

60,862

$5,356,900

$3,409,349

63.6%

4,097

2,689

$553,225

$334,177

60.4%

64,783

62,176

$5,778,096

$3,552,371

61.5%

10,866

100.0%

62,955

100.0%

3,151

2,611

82.9%

3,856

3,316

86.0%

$567,242

$347,654

61.3%

$5,844,907

$3,618,642

61.9%

5.6%

6.5%

Weighted average stabilized cap rate on building dispositions and

contributions

Grand Total Dispositions and Contributions

Europe

Square Feet

Q2 2013

Land dispositions

Other real estate dispositions

Americas

Europe

Total Contributions and Dispositions to Co-Investment Ventures

Total Building Dispositions and Contributions

Building Contributions and Dispositions to Co-Investment Ventures

Third Party Building Dispositions

Americas

YTD 2013

Prologis Share

of Proceeds (%)

(A)

Prologis Share

of Square Feet

Prologis Share

of Proceeds (%)

(A)

Total Proceeds

Prologis Share

of Proceeds ($)

Square Feet

Prologis Share

of Square Feet

Prologis Share

of Proceeds ($)

Total Proceeds

2013 Prologis

Supplemental 2Q 2013

Capital Deployment

Third Party Building Acquisitions and Equity Invested in Co-Investment Ventures

Prologis Share of

Acquisition

Cost (%) (A)

Acquisition

Cost (%) (A)

Third Party Building Acquisitions

Prologis wholly owned

1,083

$ 50,168

100.0%

1,134

$ 53,291

100.0%

Prologis Targeted U.S. Logistics Fund

889

212

41,384

9,882

23.9%

889

212

41,384

9,882

23.9%

Total Americas

1,972

1,295

91,552

60,050

65.6%

2,023

1,346

$ 94,675

$ 63,173

66.7%

Prologis European Properties Fund II

137

10,331

3,419

33.1%

268

21,299

6,676

31.3%

Total Europe

137

10,331

3,419

33.1%

268

21,299

6,676

31.3%

Asia

2,109

1,340

$ 101,883

$ 63,469

62.3%

2,291

1,430

$ 115,974

$ 69,849

60.2%

7.2%

7.4%

Before

After (B)

Before

After (B)

Prologis Institutional Alliance Fund II

$ 274,326

28.2%

100.0%

$ 274,326

28.2%

100.0%

Prologis Targeted Europe Logistics Fund

65,565

32.4%

38.8%

65,565

32.4%

38.8%

Prologis European Properties Fund II

69,823

30.7%

33.1%

89,974

29.7%

33.1%

$ 409,714

$ 429,865

Total Equity Invested in Co-Investment

Ventures

Q2 2013

YTD 2013

Prologis Share of

Acquisition Cost ($)

Prologis Share

of Square

Feet

Square Feet

Acquisition Cost

Prologis Share of

Acquisition Cost ($)

Acquisition Cost

Square Feet

Americas

Weighted average stabilized cap rate

Prologis Share

of Square

Feet

Total Third Party Building Acquisitions

Europe

YTD 2013

Total Equity

Invested

Ownership

Q2 2013

Ownership

Total Equity

Invested

Equity Invested in Co-Investment Ventures

(square feet and dollars in thousands)

(A)

Prologis share reflects our effective ownership.

(B)

May include the impact of other equity investments by our partners.

2013 Prologis

Supplemental 2Q 2013

Capital Deployment

Development Starts –

Current Quarter

Square Feet

Total Expected

Investment

Cost Per

Square Foot

Leased % at

Start

Square Feet

Total Expected

Investment

Cost Per

Square Foot

Leased % at

Start

Square Feet

Total Expected

Investment

Americas

1,619

$105,857

$65

44.2%

1,619

$105,857

$65

44.2%

100.0%

Total Americas

1,619

105,857

44.2%

1,619

105,857

44.2%

100.0%

Europe

573

35,304

100.0%

573

35,304

100.0%

Prologis European Properties Fund II

120

9,207

100.0%

3,047

100.0%

33.1%

693

44,511

100.0%

613

38,351

100.0%

88.5%

86.2%

Asia

838

143,412

171

0.0%

838

143,412

171

0.0%

100.0%

Prologis China Logistics Venture I

1,762

91,545

25.7%

264

13,732

25.7%

15.0%

2,600

234,957

17.4%

1,102

157,144

143

6.2%

42.4%

66.9%

Total

4,912

$385,325

$78

37.9%

3,334

$301,352

$90

41.9%

67.9%

78.2%

Weighted average estimated stabilized yield

7.1%

$27,377

Weighted average estimated cap rate at stabilization

6.2%

$53,724

Estimated development margin

13.9%

Prologis share of value creation on development starts (B)

79.4%

Prologis share of value creation on development starts (B)

$42,670

Prologis share of value creation realized on VACs (B)

$72,330

Total Prologis share of estimated and realized value creation

this quarter

Pro forma NOI

Estimated value creation (B)

Total Asia

Total Q2 2013

Consolidated

Prologis Share - Q2

Prologis Share (%) - Q2 (A)

Consolidated

Total Europe

Consolidated

(in thousands, except percent and per square foot)

(A)

Prologis share reflects our effective ownership.

(B)

Value Creation excludes fees or promotes that we may earn. See complete definition in the Notes and Definitions section.

2013 Prologis

Supplemental 2Q 2013

Capital Deployment

Land Portfolio –

Summary and Roll Forward

Investment at

Acres

% of Total

June 30, 2013

% of Total

6,887

64.1%

954,824

53.7%

Brazil Fund and joint ventures

264

2.5%

54,707

3.1%

Total Americas

7,151

66.6%

1,009,531

56.8%

3,401

31.7%

676,877

38.1%

104

1.0%

78,882

4.4%

Prologis China Logistics Venture 1

0.7%

11,799

0.7%

Total Asia

178

1.7%

90,681

5.1%

10,730

100.0%

1,777,089

100.0%

Americas

Europe

Asia

Total

1,061,206

669,696

135,621

1,866,523

Acquisitions

4,472

20,814

25,286

Dispositions

(3,488)

(4,218)

(7,706)

Development starts

(45,135)

(6,682)

(63,554)

(115,371)

Infrastructure costs

20,646

6,916

1,543

29,105

Reclasses

(16,559)

Effect of changes in foreign exchange rates and other

(11,611)

11,165

(3,743)

(4,189)

1,009,531

676,877

90,681

1,777,089

Land Portfolio Summary

Consolidated

Americas

Total land portfolio - owned and managed

Consolidated

Europe

Asia

Consolidated

As of June 30, 2013

Land Roll Forward - Owned and Managed

As of March 31, 2013

(dollars in thousands)

2013 Prologis

Supplemental 2Q 2013

Capitalization

Debt and Equity Summary

(A)

Based on Prologis share of the total debt. Interest rate is based on the effective rate (which includes the amortization of related premiums and discounts) assuming the net premiums

(discounts) associated with the respective debt were included in the maturities by year.

(B)

Interest rate is based on the effective rate and weighted based on borrowings outstanding.

$92

$41

$133

$42

$175

$612

$787

$308

39.1%

4.1%

557

322

638

475

1,992

2,028

1,727

3,755

2,572

68.5%

3.3%

175

460

309

149

1,094

1,119

836

1,955

1,365

69.8%

3.7%

640

312

953

126

1,079

1,377

2,456

1,294

52.7%

5.3%

700

264

965

969

518

1,487

1,084

72.9%

5.3%

900

113

1,014

1,088

701

1,789

1,175

65.7%

5.5%

647

294

942

944

463

1,407

1,051

74.7%

6.1%

662

672

674

953

1,627

907

55.7%

5.8%

135

136

138

445

583

243

41.7%

3.5%

200

209

24.4%

4.8%

137

147

153

140

293

172

58.7%

6.6%

Subtotal

4,373

460

631

655

1,936

8,055

321

8,376

7,972

16,348

10,222

62.5%

(63)

76.2%

Subtotal

4,437

397

631

655

1,975

8,095

322

8,417

7,994

16,411

$10,270

62.6%

4.6%

(225)

(5,916)

(6,141)

Prologis share of debt

$4,437

$397

$631

$655

$1,975

$8,095

$97

$8,192

$2,078

$10,270

$3,790

$397

$263

$29

$1,794

$6,273

$76

$6,349

$918

9,395

$7,267

545

626

1,209

1,227

796

2,887

2,023

160

533

168

102

322

181

605

190

1,617

795

Prologis share of debt

$4,437

$397

$631

$655

$1,975

$8,095

$97

$8,192

$2,078

$10,270

5.6%

3.3%

1.6%

1.8%

5.1%

4.7%

4.5%

4.7%

4.5%

5.0%

4.6%

4.3

1.7

1.3

1.0

4.2

3.6

4.2

3.6

3.3

4.1

3.6

Weighted average interest rate (B)

Weighted average remaining maturity in year

Unamortized net premiums (discounts)

Third party share of debt

Prologis share of debt by local currency

Dollars

Euro

GBP

2019

2020

2021

Yen

Other

Thereafter

2022

2018

Entities

Consolidated

Entities

2016

Debt

Maturity

Debt

2013

2014

2015

Total

Mortgage

2017

Facilities

Debt

Senior

Exchangeable

Credit

Other

Prologis

Debt

Total Debt

Unsecured

Consolidated

Total

Unconsolidated

Secured

Debt

Prologis

Total

Share of

Wtd. Avg.

Interest

Rate (A)

Prologis

Share (%)

Security

Value

Common Stock

498.6

$37.72

$18,807

$2,026

Partnership Units

3.8

$37.72

143

Total

502.4

$18,950

Borrowings outstanding

631

Outstanding letters of credit

Current availability

$1,327

Unrestricted cash

385

Total liquidity

$1,712

Less:

Market Equity

Liquidity

Price

Aggregate lender commitments

(dollars and shares in millions)