10 Best Real Estate Stocks to Buy According to Billionaires

7. Prologis, Inc. (NYSE:PLD)

Number of Billionaire Investors: 10

Number of Hedge Fund Holders: 55

Prologis, Inc. (NYSE:PLD) is the global leader in logistics real estate with an emphasis on high-barrier, high-growth markets. Blaine Heck, an analyst from Wells Fargo, maintained a “Buy” rating on the company’s stock. The associated price target was $146.00. The analyst’s rating is backed by factors demonstrating the company’s stable management transition and positive leasing trends. As per the analyst, Prologis, Inc. (NYSE:PLD)’s recent earnings report demonstrated optimism with higher leasing activity and a conservative initial guidance, reflecting the potential for better-than-expected performance in 2025. Its large platform and development expertise set it apart from competitors, which contributed to the rating. The company highlighted that post-election leasing activity remained healthy, and its conversations with customers support the expectation that the broader market is nearing an inflection point.

For FY 2025, Prologis, Inc. (NYSE:PLD) expects net earnings attributable to common stockholders of between $3.45 to $3.70. Elsewhere, UBS remains optimistic about the company, given its strategic initiatives and the healthy fundamentals of the industrial real estate market. It highlighted several positive indicators for the leasing environment, which are beginning to emerge. Prologis, Inc. (NYSE:PLD) noted a normalization of supply and demand dynamics in the broader market.

Carillon Tower Advisers, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:

“Prologis, Inc. (NYSE:PLD) detracted from performance because of ongoing challenges facing industrial real estate investment trusts more broadly. The company reported solid results for the third quarter, but the industrial space remains oversupplied — though the problem is abating — and clients chose to delay leasing decisions until aft er the U.S. presidential election.”