REXR - What Just Happened To Prologis?
2024-04-23 07:00:00 ET
Summary
- Prologis, Inc. is a favored REIT due to its strong relationships with major corporations, strategic asset selection, and solid balance sheet.
- The company's recent earnings release and market volatility have led to a decline in its stock price, raising whether it is a buying opportunity.
- Prologis reported a leasing slowdown and warned of potential market shifts, but its long-term outlook remains positive, with gradual recovery and sustainable growth expected.
By now, it may not be a surprise that Prologis, Inc. ( PLD ) is one of our favorite real estate investment trusts, or REITs.
We have covered it a lot, as it brings very specific qualities to the table, including fantastic relationships with some of the world’s largest and safest corporations, a keen eye for assets in areas with subdued supply risk, and a balance sheet that most peers can only dream of....
What Just Happened To Prologis?