Is Prologis a Buy?
The COVID-19 pandemic exposed some flaws in modern corporate thinking, especially around the vulnerability of extended supply chains. Investors who wish to take advantage of that sea change might want to take a look at Prologis (NYSE: PLD), which stands to benefit from this change.
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Prologis is a global logistics real estate investment trust (REIT). If you drive down the interstate near any major city, you'll often see massive structures with dozens of truck bays. These are generally operated by logistics REITs like Prologis. Prologis has 1.2 billion square feet of facilities, and it estimates that 2.8% of global gross domestic product (GDP) flows through its distribution centers.
Source Fool.com
