Report
Brad Schwer
EUR 101.80 For Business Accounts Only

Market Conditions Should Provide Tailwinds for Prologis, but Supply Looks to Balance the Equation

Demand for warehouse property remains strong, evidenced by Prologis’ near double-digit rent hikes for 2017. Our opinion on the space is largely unchanged from the previous quarter, as we see the landlords benefiting from a shift in strategy among retailers looking to bulk up their online presence. The company has committed to pushing rents harder at the expense of lower occupancy, so we think this strategy should support mid-single-digit net operating income in the midterm. We are increasing our...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brad Schwer

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch