If You Invested $10,000 in Prologis in 2013, This Is How Much You Would Have Today
Commercial real estate can be a particularly lucrative industry. It has created scores of millionaires and billionaires over the years. That's because while the demand for commercial real estate is rising over time, the amount of commercial real estate available is not growing in abundance.
This factor helps to explain how a $10,000 investment made 10 years ago in industrial real estate investment trust (REIT) Prologis (NYSE: PLD) would now be worth $43,000 with dividends reinvested. Put into perspective, that is far more than the $32,000 the S&P 500 would have achieved, with dividends reinvested, over this same time frame.
There are plenty of reasons to believe that Prologis can continue its market-beating performance in the years ahead. Let's see why.
Source Fool.com
