Advertisement

This Unstoppable REIT Sees Lots More Growth Ahead

This Unstoppable REIT Sees Lots More Growth Ahead

Prologis (NYSE: PLD) continues to benefit from robust demand for industrial real estate. Overall, its core funds from operations (FFO) per share grew by nearly 18% in the fourth quarter, enabling it to deliver 14% growth for the year. It has now delivered an average of 10% core FFO per share growth over the last five years, outpacing other logistics REITs (8% on average) and the REIT sector as a whole (3% on average).