The REIT is anticipated to have witnessed healthy demand on the fast adoption of e-commerce, with leasing activity getting a support in the to-be-reported quarter. Amid these favorable developments, Prologis is well poised to benefit from its capacity to offer modern logistics facilities at strategic in-fill locations.
The company saw low vacancies in its markets, which will likely aid rent growth. Moreover, with global supply chains transforming for faster fulfillment and resilience, the company is likely to have captured the favorable fundamentals with its differentiated customer offerings and robust investment activity.
The company's development in recent years has been good$Prologis(PLD)$
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