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Sept. 27, 2012 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the leading global provider of logistics infrastructure, today announced that the Shanghai Municipal Government honored
Ben Cornish, president of Prologis China, with the prestigious
Magnolia Silver Award for his outstanding contributions to the city.
Magnolia Silver Award is presented annually to expatriates who have significantly contributed to
Shanghai's economic and social development. Created in 1989 by the municipal government, this award remains one of the highest recognitions for foreign citizens living in
As a veteran of numerous real estate developments in
Asia since 1997, Cornish was one of
China's first foreign green card holders. He has been instrumental in a leading global retailer's decision to invest in stores and procurement in
Shanghai and has led Prologis China to enhance its offering of Class-A logistics facilities. Under Cornish's leadership, Prologis China has made valuable contributions to support the country's transition from an export-led growth model, toward an economy that is based on domestic consumption and technological innovation.
"I am deeply honored to receive this award on behalf of all the Prologis employees here in
Shanghai who have worked tirelessly to make a difference in the community," said Cornish. "This award reflects the dedication of the entire Prologis team, whose everyday efforts contribute to the city's growth and development. The
Magnolia Silver Award will inspire all of us to continue devoting ourselves to the prosperity and sustainable development of
Under Cornish's leadership, Prologis has established itself as one of the market leaders for logistics facilities in
China. Since launching country operations in 2003, the company has been recognized on several occasions for its contribution to
China's economy, industrial evolution and social responsibility. The
Magnolia Silver Award is another visible indication of Prologis' long-term commitment to
Shanghai and to
About PrologisPrologis, Inc. is the leading global provider and operator of logistics infrastructure, focused on global and regional markets across the Americas,
Asia. As of
June 30, 2012, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 569 million square feet (52.9 million square meters) in 21 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.
SOURCE Prologis, Inc.