Prologis (PLD) sent industrial REITs down with their Q1 2024 update this morning. The commentary was pretty negative in the short-term about high-rent markets, though it remained positive long-term. This is an issue of tenants delaying leasing space, not abandoning plans.
REXR & PLD Combined Quick Update
REXR & PLD Combined Quick Update
REXR & PLD Combined Quick Update
Prologis (PLD) sent industrial REITs down with their Q1 2024 update this morning. The commentary was pretty negative in the short-term about high-rent markets, though it remained positive long-term. This is an issue of tenants delaying leasing space, not abandoning plans.