Why I Just Bought More of This Under-the-Radar AI Play
PLDPrologis(PLD) The Motley Fool·2024-07-27 17:15

Prologis is expanding into the data center sector.Prologis (PLD 1.87%) is the largest publicly traded real estate investment trust (REIT). It operates 1.2 billion square feet of warehouse space across several global markets. It's one of the biggest players in global trade (2.8% of global GDP flows through its distribution centers each year). The leading industrial REIT's dominance in logistics is one of the top reasons I own the stock. However, it recently began leveraging its massive land position and ener ...