AllAnalyst Report
logoMorningstarOctober 15, 2021

Prologis, Inc.: Global Supply Chain Disruption Creating Additional Demand for Prologis, Leading to Strong Q3 Results

Symbols
PLD
Sector(s)
Real Estate
Rating
Current Price
$159.30
Fair Value
Economic Moat
Stewardship
Summary

Prologis was formed by the June 2011 merger of AMB Property and ProLogis Trust. The company develops, acquires, and operates over 900 million square feet of high-quality industrial and logistics facilities across the globe. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.

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Analyst Profile

Kevin Brown

Equity Analyst
Kevin Brown is an equity analyst on the finance team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers apartment, healthcare, and hotel REITs and real estate service companies in the United States.Before joining Morningstar in 2018, Brown worked at an asset-management company focused on global real estate, spending nine years covering healthcare and hotel REITs.Brown holds a bachelor’s degree in economics from Dartmouth College. He also holds the Chartered Financial Analyst® designation.