Prologis Set To Benefit From Shrinking Warehouse Supply And Pent-Up Demand: Analyst
Prologis Inc. (NYSE:PLD), a leading player in the logistics real estate sector, is experiencing a favorable shift in market dynamics. The company has seen a notable increase in the conversion of new lease proposals into signed contracts during the third quarter, a significant improvement from earlier in the year. Bank of America analyst Samir Khanal noted this crucial change in tenant decision-making, which was a key driver for the bank’s more optimistic outlook on the stock. Following this observation, Ban ...