Prologis: Powerful Performance, though Pretty Pricey
May 01 2022 - 08:26AM
TipRanks
Prologis, Inc. (PLD) is by far the biggest industrial U.S. REIT,
operating around 1 billion square feet of real estate in 19
countries. For perspective regarding its size, the second-largest
industrial REIT in the country is Public Storage (PSA), with a
market cap of around $67.7 billion, just over half that of
Prologis. Prologis enjoys diversified cash flows, incorporating
more than 5,800 individual tenants. Powered by its sheer size,
Prologis has been able to unlock economies of scale at a
competitive advantage to its peers. Its financials keep expanding
at an exciting pace, while the company has lately been accelerating
dividend growth.
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Prologis (NYSE:PLD)
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From Jul 2022 to Aug 2022
Prologis (NYSE:PLD)
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From Aug 2021 to Aug 2022