Real Estate Investing For Beginners: 11 Best Stocks To Buy

2. Prologis, Inc. (NYSE:PLD)

Number of Hedge Fund Holders: 56

Prologis, Inc. (NYSE:PLD) is a global leader in logistics real estate which focuses on high-barrier, high-growth markets. The company’s real estate offerings include gateway and multimarket properties, Last Touch distribution centers, and city distribution property buildings. The firm leases modern logistics facilities to 6,700 customers across two categories, business-to-business and retail/online fulfillment.

Prologis, Inc. (NYSE:PLD) has been the world’s leading industrial real estate company for 40 years. It claims that 2.8% of the global GDP flows through its distribution centers globally. Additionally, its irreplicable premier global portfolio makes it stand out. The firm owned or had investments in properties and development projects amounting to nearly 1.2 billion square feet in 19 countries, as of June 30. The top retail, e-commerce, and logistics companies including Amazon, FedEx, DHL, and Maersk have chosen the firm as their real estate partner.

The REIT continues to outperform the industry. With a pickup in overall market activity, Prologis leased 52 million square feet in its portfolio during the second quarter which reflects a 27% increase over the first quarter and one of its highest quarters in the past several years. While the customer demand was subdued, it is improving and is expected to continue improving which is a good sign for the company. The firm also sees its future growth in opportunities in data centers and energy.

In conclusion, Prologis, Inc. (NYSE:PLD) has an industry-leading position with its one-of-a-kind portfolio and leading innovation in next-generation logistics technologies. As of Q2, the stock is held by 56 hedge funds.