Prologis Inc. (NYSE: PLD), the world’s leading logistics real estate investment trust (REIT), reported second quarter 2020 core funds from operations (FFO) of $1.11 per share, $0.12 per share better than the consensus estimate.
“Our results for the quarter were excellent, driven by strong operating performance and record promote income. I’m proud of our team members who have worked tirelessly to navigate the current environment. While e-commerce is clearly a tailwind, demand is broad-based...
https://www.freightwaves.com/news/prologis-shakes-off-covid-headwinds-to-2q-beat-and-raise