The world’s leading logistics real estate investment trust (REIT) Prologis Inc. (NYSE: PLD) noted in its third-quarter earnings report that demand is improving across several sectors of the economy. On Tuesday, the San Francisco-based company posted core funds from operations (FFO) of 90 cents per share, 2 cents ahead of the consensus estimate.
“Activity in our portfolio is robust and broadening — a reflection of increased demand in the quarter across multiple sectors, the adoption of e-commerce...
https://www.freightwaves.com/news/logistics-reit-prologis-sees-modest-beat-and-raise-in-q3