Record Rent Growth Is Boosting This Warehouse Giant

·4 min read

Earnings season is now underway, and we're starting to hear from some of the largest real estate investment trusts (REITs). Industrial real estate has been on fire recently, and top industrial REIT Prologis (NYSE: PLD) reported its latest results. Core FFO (funds from operations) is essentially the REIT equivalent of "earnings," and Prologis reported $1.04 per share for the third quarter, a 16% year-over-year increase.

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