The world’s leading logistics real estate investment trust (REIT), Prologis Inc. (NYSE: PLD), said demand for logistics real estate has held up well through COVID-19, accelerating further during June. Lease proposals are up 21% over the recent 30-day period given the scarcity of logistics space.
The San Francisco-based company reported better-than-expected second-quarter 2020 financial results Tuesday, with core funds from operations (FFO) coming in at $1.11 per share, 12 cents better than the...
https://www.freightwaves.com/news/prologis-sees-market-for-logistics-space-turn-corner-from-pandemic