Professional
Added to YB: 2025-08-08
Pitch date: 2025-06-30
PLD [neutral]
Prologis, Inc.
+29.35%
current return
Author Info
No bio for this author
Company Info
Prologis, Inc. is a self-administered and self-managed REIT and is the sole general partner of Prologis, L.
Market Cap
$124.7B
Pitch Price
$102.32
Price Target
N/A
Dividend
3.20%
EV/EBITDA
25.43
P/E
37.60
EV/Sales
17.83
Sector
Industrial REITs
Category
growth
Baron Real Estate Income Fund Portfolio Holding: Prologis, Inc.
PLD (holding update): Underperformed in Q2 due to slower leasing environment. CEO Moghadam remains optimistic with 30% below-market rents, strong pipeline, and secular tailwinds (e-commerce, supply chain, inventory safety stock, near/onshoring). Data center development on owned land offers high-return growth potential. Compelling valuation after recent correction.
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