12 Best Real Estate and Realty Stocks To Buy Now

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4. Prologis, Inc. (NYSE:PLD)

Number of Hedge Fund Holders: 49

Prologis, Inc. (NYSE:PLD) is a global leader in logistics real estate and focuses on high-barrier, high-growth markets. The company leases modern logistics facilities to approximately 6,700 diverse customers across two major categories, business-to-business and retail/online fulfillment.

Considering that 2.8% of the global GDP flows through its distribution centers annually, PLD has a strong global standing. The firm serves as the largest global owner of logistics real estate complimented by an unparalleled scale and an irreplaceable portfolio, with nearly 1.2 billion square feet in 20 countries across four continents. PLD is in a good position as the partner of choice for leading global customers, to cater to their needs in supply chain, digital, and energy infrastructure.

Prologis has shown a solid track record of growth relative to other logistics real estate investment trusts. The company’s CAGR for earnings as well as dividend between 2018 and 2023 outpaces other REITs in the sector. The company remains positive on the outlook for its business based on favorable industry conditions including growing e-commerce and vacancies still being low in the context of history.

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