|Bid||61.89 x 800|
|Ask||0.00 x 800|
|Day's Range||61.77 - 63.03|
|52 Week Range||49.03 - 65.38|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||21.76|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service (Moody's) has upgraded the senior unsecured rating of Liberty Property Limited Partnership ("Liberty") to A3 from Baa1, possible upgrade, following its merger with Prologis, L.P. (Prologis A3 senior unsecured debt rating, stable outlook) on February 4, 2020. Prologis is the surviving entity and will assume all of Liberty Property's senior unsecured notes.
Prologis' (PLD) Q4 performance expected to reflect benefits from the company's efforts to leverage on the industrial real estate market's solid fundamentals.
Logistics real estate company Prologis Inc. (NYSE: PLD ) said late Wednesday it has completed its $4 billion all-cash acquisition of Industrial Property Trust Inc. (IPT). The deal, announced in July 2019, ...
Prologis' (PLD) $4-billion acquisition of IPT's portfolio buyout will strengthen its presence in strategic markets across the United States.
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]
Though Liberty Property (LPT) is well poised to benefit from high demand for industrial real estate space, rising supply might lead to lesser scope for rent and occupancy growth.
With its shares at an historical high and the company in solid shape, who wouldn’t want to go out on top?
With solid balance-sheet strength, Prologis (PLD) is well poised to grow in 2020 on strategic acquisitions and developments amid high demand for industrial real estate despite rising supply.
Let's dive into three highly-ranked REITs we found with our Zacks Stock Screener that dividend investors might want to buy heading into 2020...
Prologis (PLD) eyes growth in China with development-venture expansion, and open end fund formation to capitalize on its huge consumption market and rapid pace of growth of the e-commerce business.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
Prologis (PLD) appears to be a prudent investment pick at the moment as it continues to display robust fundamentals and improving prospects, as well as appreciates 26.3% in six months' time.
Liberty Property (LPT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Liberty Property (LPT) signs an expansion and a new lease deal at 4183 Eagle Hill Drive, bringing the Eagle Hill in High Point to full occupancy.
As Liberty Property Trust marches toward its sale to Prologis Inc., a finalized deal means its headquarters at 650 E. Swedesford Road in Wayne and a companion building at 680 E. Swedesford Road will eventually be put up for sale, according to sources familiar with the matter. Over the past five years East Swedesford Road and the immediate areas around it have emerged as a desired location for corporate tenants and investors alike. Since 2015, rents on office space along the Swedesford Road corridor have steadily risen, with Class A space averaging $37.01 a square foot versus $30.41 a square foot five years ago.
Here are three highly-ranked REITs we found using our Zacks Stock Screener that dividend investors might want to buy with stock indexes at new highs...
Institutional investors along with several executives and board members will potentially reap windfalls from Prologis Inc.’s $12.6 billion acquisition of Liberty Property Trust.
Moody's Investors Service ("Moody's") has affirmed all of the ratings of Prologis, Inc.'s ("Prologis") and its subsidiaries, including the A3 senior unsecured rating of Prologis, L.P. The outlook remains stable. Moody's has also placed Liberty Property LP ("Liberty") Baa1 senior unsecured rating on review for upgrade, as Prologis will acquire Liberty in an all-stock transaction, including the assumption of debt.
News out Monday that real estate investment trust (REIT) Prologis (NYSE: PLD) will acquire rival Liberty Property Trust (NYSE: LPT) for $12.6 billion ignited a rally in the already high-flying Pacer Benchmark ...
Prologis Inc.’s $12.6 billion acquisition of Liberty Property Trust underscores the appetite for industrial real estate these days by investors and the desire to pick up high quality assets in key hubs in one fell swoop. Warehouse-distribution centers have become the darling of commercial real estate, driving up investment and prices. Prologis saw its stock take a hit, declining by nearly 5% to trade at $86.50. During a call with analysts, executives at San Francisco-based Prologis (NYSE: PLD) made their case for acquiring Wayne-based Liberty and its 107 million square feet and 5.1 million square feet under development.
Logistics real estate and supply chain logistics firm Prologis (NYSE: PLD) will acquire Liberty Property Trust (NYSE: LPT) in an all-stock transaction worth approximately $12.6 billion, both companies announced on October 27. Acquiring Liberty will "deepen" Prologis' presence in markets such as Lehigh Valley in Pennsylvania, as well as Chicago, Houston, central Pennsylvania, New Jersey and southern California, said Prologis, whose headquarters are in San Francisco. "Liberty's logistics assets are highly complementary to our U.S. portfolio and this acquisition increases our holdings and growth potential in several key markets," said Prologis CEO Hamid R. Moghadam.
Liberty Property (LPT) agrees to be sold to Prologis in an all-stock deal. Also, with decent leasing activity and encouraging rent growth, the company puts up a decent show in Q3.
Liberty's work has included reviving the Philadelphia Navy Yard, developing two headquarters buildings for Comcast in Center City and establishing a footprint in Camden.