Prologis Launches $25 Billion AI Data Center Development Arm

Prologis, Inc., the world's largest real estate investment trust, is expanding its business operations into the artificial intelligence sector by developing data centers for hyperscalers. The company has established a $25 billion data center development arm and expanded its power pipeline to 5.7GW of capacity.

Historically known for managing approximately 6,000 industrial distribution centers across four continents for tenants including Amazon, The Home Depot, and FedEx, the firm is now leveraging its A-rated credit and financial scale to enter the infrastructure market. This strategic shift aligns with projections from Grand View Research, which estimates the global data center market will grow from $384 billion in 2025 to over $900 billion by 2033.