Prologis Payment For Property Improvements increased by 59.1% to $109.40M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 10.7%, from $122.56M to $109.40M. Over 3 years (FY 2021 to FY 2024), Payment For Property Improvements shows an upward trend with a 31.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher spending may indicate a proactive asset management strategy or deferred maintenance, while lower spending could signal cost-cutting or newer asset portfolios.
Represents cash outflows for capital expenditures aimed at maintaining, upgrading, or renovating existing real estate as...
Standard for REITs; peers typically report this as recurring capital expenditures or property maintenance capex.
investing_payment_for_property_improvements| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.06M | $57.75M | $71.06M | $18.28M | $37.54M | $61.75M | $93.80M | $19.30M | $54.50M | $82.72M | $146.52M | $30.20M | $96.11M | $122.56M | $137.61M | $34.37M | $68.77M | $109.40M |
| QoQ Change | — | +74.7% | +23.1% | -74.3% | +105.3% | +64.5% | +51.9% | -79.4% | +182.3% | +51.8% | +77.1% | -79.4% | +218.3% | +27.5% | +12.3% | -75.0% | +100.1% | +59.1% |
| YoY Change | — | — | — | — | +13.5% | +6.9% | +32.0% | +5.6% | +45.2% | +34.0% | +56.2% | +56.5% | +76.4% | +48.2% | -6.1% | +13.8% | -28.4% | -10.7% |