PLD Profile
Prologis, Inc. (PLD) is a publicly-traded real estate investment trust (REIT) that specializes in logistics and industrial properties, based in San Francisco, California, USA. The company owns and manages a global portfolio of properties, including warehouses, distribution centers, and other industrial facilities, with a focus on locations in major global markets.
PLD's business model is focused on providing logistics and industrial properties to customers in a range of industries, including e-commerce, manufacturing, and retail. The company's properties are typically located near major transportation hubs and population centers, which enables efficient and timely distribution of goods.
In addition to its core operations, PLD is committed to sustainability and responsible environmental practices. The company has implemented programs to reduce its greenhouse gas emissions, increase the use of renewable energy, and promote sustainable building practices in its developments.
PLD is listed on the New York Stock Exchange under the ticker symbol PLD. The company has a market capitalization of around $100 billion as of February 2023, and its stock has generally provided investors with strong returns over the years. However, the company is subject to various risks, including economic risks associated with changes in demand for logistics and industrial properties, competitive risks from other real estate companies, and regulatory risks related to changes in real estate regulations and policies.
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