12 Best REIT 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 6,700 diverse customers across two business-to-business and retail/online fulfillment categories.

2.8% of the global GDP flows through the REIT’s distribution centers annually. PLD serves as the largest global owner of logistics real estate complimented by an unrivaled scale and a unique portfolio, with nearly 1.2 billion square feet in 20 countries across four continents. It 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’ CAGR for earnings as well as dividends between 2018 and 2023 outpaces other REITs in the sector. The REIT recently closed 2024 with solid results, with net earnings per diluted share increasing 21.9% over the year. With favorable trends in the data center and energy businesses, the REIT believes in a bright future outlook for itself.

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