This Quarter Exposed A Monster Hiding In Industrial Real Estate: Prologis

Prologis (PLD) delivered another strong quarter, continuing a consistent trend despite the macro noise. PLD is a large industrial REIT with a 1.3 billion square foot portfolio and $215 billion in assets under management. In terms of pure size, the company is a behemoth. I last published a PLD article to Seeking Alpha in 2022. At the time, the stock had fallen in price substantially. Recently, the stock price has been on an upward trajectory. FFO & AFFO PLD had a solid quarter for Core FFO and beat consensus ...