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Morningstar

Morningstar

•

Sep 30, 2026

Prologis, Inc.: Prologis Remains the Gold-Standard of Industrial REITs

Symbols

PLD

Sector(s)

Real Estate

Rating

Current Price

127.98

Fair Value

Economic Moat

Stewardship

Summary

Prologis was formed by the 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.3 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment

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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.

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