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REIT Comments |
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02/04/2010
PLD $13
ProLogis Trust PLD traded DOWN ($0.43) per share in early trading to DOWN (3%) day
PLD underperformed Industrial REITs, DOWN (1%) for 2009
PLD traded DOWN (8%) year to date for 2010
PLD investor confidence supported by AMB, another global Industrial REIT, reporting improved demand for distribution space following positive retail sales comparisons for 4Q 2009
PLD an Industrial REIT with a portfolio of distribution facilities in US, Europe and Asia
PLD we rank 3 HOLD
PLD market cap $5.9 billion
PLD an S&P 500 Index REIT
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