XLE - Prologis Samsara And More On CNBC's 'Final Trades' | Benzinga
On CNBC's “Halftime Report Final Trades,” Brian Belski of BMO Capital Markets said Prologis, Inc. (NYSE:PLD) has a 3.7% yield. REITs are “coming back strongly,” he added.
On April 17, Prologis, reported first-quarter FY24 results. Rental revenue of $1.83 billion missed the consensus estimates of $1.87 billion. The company's average occupancy stood at 96.8%, with a leased 45.0MSF operating portfolio and a 3.1MSF development portfolio.
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