Moghadam: Shutdown means deferral of decisions

10/2/2013 | Bloomberg Television

Less than 2% of Prologis' total rents are from government agencies, so CEO Hamid Moghadam is not unduly concerned about the impact of the government's shutdown on Prologis in the short term. The greater impact will be felt in the expected slowdown of decision-making, he says. Many of the company's tenants come from the e-commerce space, which adds important diversity to Prologis' tenant base.

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