Oct 15 (Reuters) - Warehouse-focused real estate

investment trust Prologis ( PLD ) beat Wall Street estimates for

third-quarter revenue and funds from operations on Wednesday,

helped by robust demand for its storage facilities.

The San Francisco, California-based company also raised its

2025 core FFO forecast to a range of $5.78 per share to $5.81

per share, from $5.75 per share to $5.80 per share.

Logistics-focused warehouse operators have benefited from a

rush by importers to front-load shipments ahead of U.S. tariffs,

boosting demand for storage spaces and spurring leasing

activity.

The world's largest industrial property developer reported a

company-record 62 million square feet of lease signings during

the quarter.

CEO Hamid Moghadam said the logistics market is nearing an

inflection point for rent and occupancy growth, calling it "one

of the most compelling setups I've seen in 40 years."

Prologis ( PLD ) reported a quarterly core FFO of $1.49 per share,

compared with analysts' average estimate of $1.44 per share,

according to data compiled by LSEG.

Total revenue for Prologis ( PLD ), which counts Amazon ( AMZN ),

Home Depot ( HD ), FedEx ( FDX ) and UPS as its biggest

customers, was $2.21 billion, above analysts' estimates of $2.16

billion.

The company, a developer and manager of warehouses,

distribution facilities and fulfillment centers, owns and

operates 1.3 billion square feet of logistics real estate across

20 countries.

Shares of the company rose 2% in premarket trading

following the results.