San Francisco, CA and Alpharetta, GA – September 18, 2018 – Prologis, the global leader in logistics real estate, announced an agreement with Kahua, the provider of the world’s leading collaborative network for real estate and construction project management, whereby Prologis will manage projects across its global portfolio on The Kahua Network.
Prologis is a global provider of logistics and industrial development services, operating in 19 countries across 4 continents in the Americas, Europe and Asia. The agreement with Kahua reflects a commitment to investment in new technology that streamlines the development process and optimizes the construction of new projects.
The Kahua Network, delivered as an Application Platform as a Service, will connect all of the Prologis global project teams, allowing development costs, business processes and real time cost information to be shared across departments to more effectively manage the growing logistics and industrial portfolio.
“Our ability to provide complete cost visibility in order to efficiently deliver and manage new development projects is critical to providing the highest level of logistics real estate solutions to our stakeholders,” said Grant Stevens, Managing Director of Global Construction and Development Services. “Kahua brings a new form of cloud collaboration to Prologis. This will improve the productivity of our project teams and help make us faster, smarter and better.”
“Prologis is recognized as an innovator in our industry and is the clear global leader in logistics real estate,” said Scott Unger, CEO of Kahua. “We are pleased that they have chosen Kahua to help them transform the way they deliver and manage their portfolio. The Kahua Network will provide collaboration, efficiency and insight to support Prologis in their mission to enable the movement of the world’s goods to the world’s customers.”
Kahua is changing the way that capital assets are delivered and managed. The Kahua Network is the world’s leading collaborative network for real estate and construction project management. Delivered as a secure, scalable Application Platform-as-a-Service (aPaaS), The Kahua Network enables users to easily share data, documents and workflows across all applications and projects, and among all authorized network participants. Kahua supports leading mobile devices and tablets, integrates with third party applications and numerous accounting systems, and enables customers and certified development partners to quickly modify existing applications or build custom applications that operate on The Kahua Network. To learn more, visit www.kahua.com.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2018, and inclusive of the DCT acquisition on August 22, 2018, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 756 million square feet (75 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,500 customers across two major categories: business-to-business and retail/online fulfillment.