ProLogis (PLD.N), which has agreed to merge with rival warehouse owner AMB Property Corp (AMB.N), said on Thursday that fourth-quarter funds from operations rose, as it leased more property. The company reported FFO before charges of $140 million, or 25 cents per share, compared with $109 million, or 23 cents per share a year earlier. Core FFO was 18 cents per share, slightly ahead of the 17 cents a share analysts had forecast, according to Thomson Reuters I/B/E/S.
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