Logistics real estate investment trust Prologis said fewer development starts, a shrinking construction pipeline and “subdued” but “improving” demand will keep industry vacancies from stepping materially higher.
Prologis (NYSE: PLD) reported core funds from operations (FFO) of $1.34 per share on Wednesday, which was 1 cent better than the consensus estimate but 49 cents lower year over year.
Management from the company told analysts on a Wednesday call that an increase in container volumes at the...
https://www.freightwaves.com/news/prologis-sees-improving-logistics-real-estate-market-in-2025