Data centers and industrial property are two of the fastest-growing industries in the commercial real estate ( CRE ) market today. Both CRE sectors have seen unprecedented growth over the last few years as limited supply and high demand have driven up rental rates.
Prologis (NYSE: PLD) and Digital Realty Trust (NYSE: DLR) are two of the dominant leaders in these respective industries. Despite both reporting strong earnings, the stocks are down 32% and 43%, respectively, this year.
Considering both have long-term demand drivers that should help them soar in the next bull market, let's see which stock is the better buy of the two today.
For further details see:
Better Dividend Stock to Buy in 2023: Prologis or Digital Realty Trust?